tax treatment for profit on sale of share(commodity )

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Querist : Anonymous

Querist : Anonymous (Querist)

30 September 2010 can any body tell me tax treatment for sale of share (Commodity)and related section under I T Act 1961 ?

Aditya Maheshwari (Expert)
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30 September 2010 As per section 43(5) trading in commodities is speculative business income.

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