i am trading in forex currency in online platform.....i want to know about the treatment india for forex currency income...
Can any body tell me what is the tax treatment of forex trading income for a resident in india?
whether its a capital gain income or business income or IOS? what is the tax rate applicable for this income whether it is normal or else??//
Thank You
forex trading done through exchange is deriative trading, so its catagorized under "Profit and Gains of Business and Profession"
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