Future and option

This query is : Resolved 

24 November 2011 what does the future and option exactly means and what is the treatment in income tax if we incurred loss or earn profit????

plz someone reply!!!!

28 November 2011 FUtures and Options are derivatives contracts in the stock market.

The profit or loss made in F&O is treated as normal business income and is treated as per the tax slab of the individual.



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