Share Trading in Future & Option
This query is : Resolved
21 August 2008
my friend doing share trading and he made 40 lakhs turnover in this year in future & Option. whether he is levied with capital gain tax for this year if he got profit?
If yes in which slab and will it is treated as income from Business or Profeesion head?
If yes in which slab and will it is treated as income from Business or Profeesion head?
21 August 2008
Income from F&O segment will be trated as Business Income and the same is taxable at normal rates.
29 August 2008
20 June 2023
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