Query about future & option
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 November 2012
Plz. answer ASAP-
Is Future and Option trading treated as Non-speculative business income OR Speculative business income ?????
Is Future and Option trading treated as Non-speculative business income OR Speculative business income ?????
22 November 2012
As per Proviso to Secion 43(5) trading in derivatives is NOT speculation transaction if it is carried out on a recognised stock exchange through a stock broker.
Accordingly, trading in future & options is NOT speculative transaction.
It is a normal business income.
Accordingly, trading in future & options is NOT speculative transaction.
It is a normal business income.
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