SPECULATION BUSINESS INCOME
This query is : Resolved
29 December 2009
WHAT IS EXACTLY SPECULATION INCOME ?
DOES IS MEAN SHARE TRADING ?
DOES IS MEAN SHARE TRADING ?
29 December 2009
yes
29 December 2009
Thank YOU sir
But can you give me its exact defination ?
But can you give me its exact defination ?
29 December 2009
When the purpose of a transaction entered between the parties is settled by price differences of two different TIMES without effecting DELIVERY of the GOODS TRANSACTED; then such DEALS are known as SPECULATION.
29 December 2009
agree
30 December 2009
In finance, speculation is a financial action that does not promise safety of the initial investment along with the return on the principal sum.Speculation typically involves the lending of money or the purchase of assets, equity or debt but in a manner that has not been given thorough analysis or is deemed to have low margin of safety or a significant risk of the loss of the principal investment
31 December 2009
yes,share trading is speculation income
01 January 2010
Share Trading is not speculation but Day Trading (Square off the transation in same day) in Shares in speculation.
Even dealings in derivaties in shares is not speculation as per amendments.
Even dealings in derivaties in shares is not speculation as per amendments.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- Computation of Dividend
- Requirement under FEMA &RBI
- REGARDING ITR FILING QUESTION
- ITC BENEFIT ON BROKRAGE PAID
- Sale of Mutual Funds In Diffirent Financial Years
- DUE DATE FOR ITR FILING
- U/S 194 T
- 44AD, 44ADA business details
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
