Speculative or non specualtive
This query is : Resolved
10 July 2023
Experts,
Need clarification on below points.
1. Trading in MCX commodity is speculative or non speculative? Trading in intraday or holing till the contract period does it change the nature of specualtive or non speculative?
2. In MCX commodity we select contract as either Future or options, can we say it is Futures and options?
3. Trading in NSE, futures is F & O?
4. In MCX commodity also Futures and in NSE also future does both transaction belongs to Future and options?
Need clarification on below points.
1. Trading in MCX commodity is speculative or non speculative? Trading in intraday or holing till the contract period does it change the nature of specualtive or non speculative?
2. In MCX commodity we select contract as either Future or options, can we say it is Futures and options?
3. Trading in NSE, futures is F & O?
4. In MCX commodity also Futures and in NSE also future does both transaction belongs to Future and options?
10 July 2023
1. Non speculative.
Yes, if the contract note suggests so.
2. Yes.
3. Yes.
4. Correct.
Yes, if the contract note suggests so.
2. Yes.
3. Yes.
4. Correct.
10 July 2023
Thanks for your reply
In MCX comodity market which transaction will be considered as specualtive transactions?
In MCX comodity market which transaction will be considered as specualtive transactions?
10 July 2023
Any spot trading settled before close is speculative in nature.
10 July 2023
Spot trading is intraday trading?
if yes intraday trade can be happen both in case of mcx commodity market (futures) and NSE (future), then is it specualtive or non speculative ?
if yes intraday trade can be happen both in case of mcx commodity market (futures) and NSE (future), then is it specualtive or non speculative ?
10 July 2023
Totally depends upon the contract note, if similar to intraday i.e. settled at the end of day, it will be treated as speculative.
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- FORM 26A APPLICABILITY
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
