Nature of income/loss
This query is : Resolved
20 July 2012
hi friends
Future option in share trading are treated as Businesses Income/Loss or Capital Gain/Loss?....
Future option in share trading are treated as Businesses Income/Loss or Capital Gain/Loss?....
Neha Popat
(Expert)
20 July 2012
It is treated as business income.
Message likes :
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Neha Popat
(Expert)
20 July 2012
It is deemed to be non speculative u/s
43(5)(d)Of the Act.
43(5)(d)Of the Act.
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