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Taxability

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(Querist)
01 December 2010 Sirs,

I want to know if Profit form trading in shares is treated as capital gain then profit/loss from F&O shall be treated whether as capital gain or speculation business loss/gain?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
01 December 2010 F & O in shares will be in any case non speculation business income.

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