SPECULATION BUSINESS INCOME

This query is : Resolved 

29 December 2009 WHAT IS EXACTLY SPECULATION INCOME ?
DOES IS MEAN SHARE TRADING ?

29 December 2009 yes

29 December 2009 Thank YOU sir
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.

02 January 2010 Thank You very much sir.


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