Profit/ Loss on Call Put Nifty Option
This query is : Resolved
21 March 2011
Dear Sir,
Frequent transaction on Call & Put Option on Nifty. Are Profit/ Loss on these transaction business profit/ loss ? Pls. clerify.
Frequent transaction on Call & Put Option on Nifty. Are Profit/ Loss on these transaction business profit/ loss ? Pls. clerify.
21 March 2011
It is a speculative business transaction.
08 April 2011
Dear Shahji
if assessee shown all transaction as its business then whether it will be treated as noramal business transaction.
if assessee shown all transaction as its business then whether it will be treated as noramal business transaction.
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