futures and options
This query is : Resolved
09 July 2008
whether regular trading in futures is speculative transaction or not?
has incometax department has issued any circullar regarding this?
thanks and regards
amit Gawade
9422311848
has incometax department has issued any circullar regarding this?
thanks and regards
amit Gawade
9422311848
09 July 2008
Profit or Loss from Derivatives trading in securities is not speclative in view of provio (d) to sub section 5 of Section 43 of the iT Act.
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