tax treatment for profit on sale of share(commodity )
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 September 2010
can any body tell me tax treatment for sale of share (Commodity)and related section under I T Act 1961 ?
30 September 2010
As per section 43(5) trading in commodities is speculative business income.
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