Commodity trading

This query is : Resolved

Sonam (Querist)
Follow

06 August 2014 how to treat profit derived from commodity trading form Registered Stock exchange?
Can business expenses be deducted from this profit?

Nikhil Kaushik (Expert)
Follow

07 August 2014 it will be treated as business income. legitimate business expenses can be claimed against this income

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess