Speculative transaction

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12 December 2014 Respected Expert member of this forum please try explain me the meaning of Speculative transaction in income tax?

12 December 2014 speculative means frequently buying and selling shares in simple words.

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12 December 2014 Hi Expert, can you please explain me amendment made in Finance act 2014 in section 43(5) in respect of speculative transaction?

12 December 2014 "Otherwise than by actual delivery" is the crux of SPECULATION.


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