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Nature of income/loss

This query is : Resolved 
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(Querist)
20 July 2012 hi friends
Future option in share trading are treated as Businesses Income/Loss or Capital Gain/Loss?....
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Neha Popat

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Neha Popat (Expert)
20 July 2012 It is treated as business income.
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Nilay

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Nilay (Querist)
20 July 2012 which section
and
speculation/Non speculation Business
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Neha Popat

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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.
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