| If an assessee has more than 2 crore profits from derivatives then where should i account this income either under PGBP or in Capital gains ? |
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Tax Planning
Replies (8)
I want to know about tax planning of Micro-Finance Company(Sec.25 s per Company Act.).
Hi
Ruchi
Deriviatives is not considered as Capital Gain income.
Income from derivatives will be called income from business and previously it was speculative income.(as per section 43(5))
dada
no one will give you tax planning in the open forum because for tax planning you need to know lots of thing .
So its my advice if its work related take a proper advice from ca in practice or if its just for knowldege than its fine
Amit is correct.
Thanks Chaitanya
What Mr.Amit Daga said is 100% correct all these things sholud not be disclosed
Thanks Amit in which head this will include i want to know now its fine
Ruchi you will included in the head of pgbp
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