Tax on Option Premium

This query is : Resolved 

25 November 2009 What is the taxability of Option premium gain > If anyone doesn't excercise or excecise the option and due to this he gets some gain, then what will be the tax liability ? Whether it is speculative gain or Profit from business ?

25 November 2009 IF option premium on shares the gain or loss will be normal non speculative business loss


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