Tax treatment of profit of speculative business in commodity
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 June 2012
Please someone tell me the tax treatment of profit earned from speculative business in commodity market
Case: We are dealing in the commodity market as partnership firm. During F/y we earn RS. 12 lakhs profit from trading in commodity market.
How should i file income tax return of Partnership firm for A/Y 2012-13
Case: We are dealing in the commodity market as partnership firm. During F/y we earn RS. 12 lakhs profit from trading in commodity market.
How should i file income tax return of Partnership firm for A/Y 2012-13
22 June 2012
you can make a profit loss a/c and file itr-5
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