SPECU;ATIVE &NOM SPECULATIVE

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VIMAL

VIMAL (Querist)
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29 December 2008 SIR, BEFORE 25 JAN 2006 FNO TRANSACTION SPECULATIVE OR NON SPECULATIVE.

CA RAMESH KUMAR AHUJA

CA RAMESH KUMAR AHUJA (Expert)
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30 December 2008 The Amendment of section 43(5) is not with reterospective effect. As such, the profit or loss fron F&O transactions except the trades of hedging nature, is speculative and after the amendments it is non speculative.

VIMAL

VIMAL (Querist)
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31 December 2008 The Amendment of section 43(5) is not with reterospective effect. As such, the profit or loss fron F&O transactions except the trades of hedging nature, is speculative and after the amendments it is non speculative.any clarification why it efect after 25-01-2006 not apply 01-04-2005.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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23 June 2023 "Sorry, I am not a featured member."

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