SPECULATION BUSINESS INCOME

This query is : Resolved

Share Report Follow Query Ask a Query

Kashish

Kashish (Querist)
Follow

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

Arjuna Raina

Arjuna Raina (Expert)
Follow

29 December 2009 yes

Kashish

Kashish (Querist)
Follow

29 December 2009 Thank YOU sir
But can you give me its exact defination ?

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
Follow

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.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
Follow

29 December 2009 agree

Arjuna Raina

Arjuna Raina (Expert)
Follow

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

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

31 December 2009 yes,share trading is speculation income

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
Follow

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.

Kashish

Kashish (Querist)
Follow

02 January 2010 Thank You very much sir.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

RAGHUNATH KASIBHOTLA

CA Sunny Sharma

Raviraj ponkshe

adarsh chaturvedi

DEEPAK BHARGAVA

Subscribe Now

SPECULATION BUSINESS INCOME

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Manager- Finance and Compliance

GST CONSULTANT

Accountant

GST CONSULTANCY

Article Assistant