future & option trading

Tax planning 2113 views 1 replies

is profit or loss from futures & options trading will be taxable under head speculation business or non speculation business ? what ever future or option purchased was not squared of in the same day.

Replies (1)

 

No dear. CBDT by circular clarified that trading in derivative need not be considered as Speculative Business. But it should be treated as the nature suggest. One can inlcude gain/loss from  F&O transaction under the head of Capital Gain too. But nature of transaction and intention of assessee shold be seen to decide whether the transaction is business or Investment ?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details