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Quarry about income from mcx

This query is : Resolved 

27 March 2014 WHETHER PROFIT EARN BY INDIVIDUAL (HAVING ONLY SALARY INCOME) FROM PURCHASE & SALE OF MCX COMMODITIES IS TREATED AS SPECULATION INCOME OR CAPITAL GAIN???
PLEASE INFORM ME TAX TREATMENT OF ABOVE INCOME

27 March 2014 it will be business income and only net profit from this activity will be taxed.


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