Tax treatment in case of futures and options

What is the tax treatment in case of gain or loss in sale of futures & options

Under which head of income it is taxable

 

Replies (1)

Dear KV 

It dependes on the transations 

if it is done from the point of view of investments then capital gains 

other wise is done regulary as trading then comes under PGBP. 

In CA-final there is also a case on it. 

Regards

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