Trading in Derivatives

This query is : Resolved 

03 September 2010 Dear All,
Can anyone let me know if any permission is required from ICAI for a practicing chartered Accountants if he wishes to trade in NSE Futures and Options, as the Income/Loss will be treated as Business Income/Loss.
Also what will be the position if trading is done in commodity futures?
Thanks
PKL

03 September 2010 NO permission is required for trading in F&O.



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