F * o to firm ?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 January 2012
can partnership firm allow to do f & o transaction?
is it allow by income tax & co law?
is it allow by income tax & co law?
23 January 2012
A firm can do trading in Future and option. A firm is recognized as a separate legal person. Hence there are no restriction in my view for a firm to trade in F&O.
Further there are no restriction placed by Income tax on a firm on trading in F&O. Lastly firm is not governed by company law.
Further there are no restriction placed by Income tax on a firm on trading in F&O. Lastly firm is not governed by company law.
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 January 2012
can company allow to do f & o transaction?
17 July 2023
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