whether income arising from exchange of one foreign currency to another foreign currency [not to indian currency] in india is taxable or not & If yes, which head it is taxable?
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income from exchange of currency
Replies (5)
yes it is taxable as it is income
yes it is taxable under PGBP if continuosly doing the same as trading.
It is taxable under Income from Other Sources.....
Income from other sources
Income from other sources
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