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Taxation on future and option share trading

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Student CA Final
1 Points Posted on 04 June 2021
Plz tell me what is treatment of future and option loss or gain in share trading.
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On 04 June 2021 at 01:23 Report
Replies (6)
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2742 Points Posted on 04 June 2021
I think same treated as Business Income.
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On 04 June 2021 at 07:51
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Student
252 Points Posted on 04 June 2021
Profit or Loss from Futures and Options treated as Business Income and Taxable under head PGBP
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On 04 June 2021 at 08:22
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Chartered Accountant
24588 Points Posted on 04 June 2021
It should be treated as business income
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On 04 June 2021 at 10:06
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tax consultant
3306 Points Posted on 04 June 2021
It is treated as deemed business.
but this business has a peculiar method of valuing turnover.
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On 04 June 2021 at 12:58
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CA
2141 Points Posted on 04 June 2021

Futures and Options is to be treated as business income or loss.

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On 04 June 2021 at 13:44
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ca-ipcc
49 Points Posted on 09 October 2021
Is it mandatory to audit in case loss
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On 09 October 2021 at 14:36


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