Dear Sirs
Whether profit on derivative transactions & futures taxable under capital gain or any other head of income? please help me
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Profit on sale of futures & profit on derivatives
Replies (2)
It is taxable under the head Profit and Gains from Business ie. it is Businee Income.
Regards,
Devendra Kulkarni
| Originally posted by : Devendra | ||
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It is taxable under the head Profit and Gains from Business ie. it is Businee Income. Regards, Devendra Kulkarni |
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Totally agreed..... it is taxable under PGBP
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