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Speculative income

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 July 2014 Is Profit / Loss from Futures & options (Shares) treated as speculative income , if

1-transactions done on recognised stock exchange

2-transactions supported by relevant contract notes

3- transactions done by screen based trading
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 July 2014 On all the three, it will be treated as speculative income.

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