The Sale transaction of commodities in F.Y. 2020-21 is around 10cr.
How shall it be treated?
A. To be treated as capital gain income
B. To be treated as Speculative Business Income
C. To be treated as Non-Speculative Business income and get the tax audit done
D. To be treated as otherwise
Please let me know about its treatment.
Thank you
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Treatment of Commodities under Income Tax
Replies (1)
Get the tax audit done
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