Trdading in securities and derivatives
This query is : Resolved
11 March 2009
Hello all.
If a person is carrying on the business of share trading regularly should it be taxed under Profits and gains from business or profession or under the head capital gains?
If a person is carrying on the business of share trading regularly should it be taxed under Profits and gains from business or profession or under the head capital gains?
C A GROUP COACHING
(Expert)
11 March 2009
If trading & F $ O then Income from Business $ if trading on delivery based then capital gains
12 March 2009
Pl read the issue raised in https://www.taxworry.com/2008/12/how-to-judge-if-any-share-transaction.html
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