Tax on mark to matket
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 May 2012
Mark to Market is a hypothetical profit,it is not actual profit then how can it compute with respect to tax?
27 May 2012
M2M profit is not considered for taxation purpose as it's a notional profit.
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Profit can be taken on maturity of the contract.
.
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Profit can be taken on maturity of the contract.
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