Tax on derivatives
This query is : Resolved
19 May 2015
Is profit drom derivatives taxable if trader in recognised stock exchange. If there is a loss then how is it treated.
Please tell me the sec in the act with this reference. Thanks in advance.
Nikhil Kaushik
(Expert)
19 May 2015
refer section 43(5). it will be treated as normal business loss.
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