Go AD-Free with CAclubindia PRO for Rs 167/Month Only. Subscribe Now!

banner_ad

Tax implications on f & o

This query is : Resolved

Share Report Follow Query Ask a Query

naveen_sharma

naveen_sharma (Querist)
Follow

10 December 2013 please, help me about tax implications on futures & options . And also methology for calculation of tax on it. Thanks, in advance for valuable suggestions

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

10 December 2013 You are the first person requiring the methodology of tax calculation which indicates a good profit situation.
.
It's normal business profit. Calculate tax by applying normal tax rate (or slab rates).
No special rate or methodology has been prescribed.
.
Just cheque the turnover-which totals of profits and losses in all contracts entered during the FY.
.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Devaraj B V

Devaraj B V

Pro Member Pawan Haryani

Pawan Haryani

Pro Member Sivakumar

Sivakumar

Pro Member Suhasini

Suhasini

Pro Member Jaya Ladhwani

Jaya Ladhwani

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

Featured 02 May 2026

Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details

Featured 29 April 2026

Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details

Featured 14 April 2026

GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured 13 April 2026

GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured 28 March 2026

Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details

Featured 28 March 2026

CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details

Featured ARTICLESHIP 19 March 2026

Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details

Featured 14 March 2026

Associate CA

N N V Satish&co

Hyderabad

CA

View Details