Currency derivative business income/loss or speculative in a

Tax planning 487 views 1 replies

Respected Sir/Mam,

Want Clarification, whether Currency Derivative traded on NSE/BSE plat form to be treated as Business or it should be speculative in nature.

Awaiting for valuable reply.

 

 

Replies (1)

no. it is not considered as speculative.  refer section 43(5)


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