Someone did intraday trading in futures(eg. gold future) on 31st march. But its settlement will be done on 2nd april. & ledger balance will show transaction on 2nd. Now question is that whether that profit will be taken in 31 st yr end or next year?
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Derivative trading tax
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| Originally posted by : Rahul Sahi | ||
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Someone did intraday trading in futures(eg. gold future) on 31st march. But its settlement will be done on 2nd april. & ledger balance will show transaction on 2nd. Now question is that whether that profit will be taken in 31 st yr end or next year? |
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follow the contract note details,
Take in next year
Regards,
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