Taxation on future and option share trading

vikas (Student CA Final ) (1 Points)

04 June 2021

Plz tell me what is treatment of future and option loss or gain in share trading.

Reply
Follow
Share

6 Replies

Ankit Neema (2742 Points)
Replied 04 June 2021

I think same treated as Business Income.

Manikanta juluri (Student) (252 Points)
Replied 04 June 2021

Profit or Loss from Futures and Options treated as Business Income and Taxable under head PGBP

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 04 June 2021

It should be treated as business income

veerendar singh (tax consultant) (3301 Points)
Replied 04 June 2021

It is treated as deemed business.
but this business has a peculiar method of valuing turnover.

Susmita Dutta, CA , CPA (CA ) (2141 Points)
Replied 04 June 2021

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

vaibhav (ca-ipcc) (49 Points)
Replied 09 October 2021

Is it mandatory to audit in case loss

Start a New Discussion

view all classess

Forum Home