Profit or loss on derivatives

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Querist : Anonymous

Querist : Anonymous (Querist)

03 January 2012 whether profit or loss through MCX Stock exchange on currency futures treated as buisiness income or speculation income.
Please suggest the answer with supporting notification, guidelines , Relevant sections and others .

Aditya Maheshwari

Aditya Maheshwari (Expert)
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03 January 2012 Pprofit or loss through MCX Stock exchange on currency futures treated as buisiness income.

http://articles.economictimes.indiatimes.com/2009-05-29/news/28443405_1_mcx-stock-exchange-largest-commodity-bourse-notification

and see this link also
https://www.caclubindia.com/experts/head-of-income-for-mcx-income-loss-560360.asp

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

03 January 2012 Dear aditya, i am unable to mark this file so please mail me this address in my mail id sk_lath@yahoo.co.in
If i can call you please give me the no also.
thank you for your support

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Querist : Anonymous

Querist : Anonymous (Querist)

03 January 2012 Dear aditya, i am unable to mark this file so please mail me this address in my mail id sk_lath@yahoo.co.in
If i can call you please give me the no also.
thank you for your support

Aditya Maheshwari

Aditya Maheshwari (Expert)
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04 January 2012 Emailed the reply.