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Taxability of Income

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(Querist)
16 December 2010 whether the profit on trading of futures and options is speculative profit?
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
16 December 2010 yes , It is speculative profit.
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
16 December 2010 Trading on F&o Always a Non Speculative Business.
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