how MCX trading transaction shall be reflected in balance sheet of a manufacturing company
1. is this will be part of normal sale purchase
2. or will be treated as speculation profit or loss ( net )
Menu
MCX trading
Replies (1)
It shall be treated as Profit or Loss from Speculation Business and can be taken into Other Income group, since it not the primary business of the concern
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
