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TREATMENT OF PROFIT/ LOSS

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 January 2010 IN CASE WE ARE A REGISTERED NCDX/MCX COMMODITY EXCHANGE BROKERS.THE PROFIT/LOSS IN FIRM'S OWN DEALINGS WILL BE TREATED WHERE - AS BUSINESS PROFIT/LOSS OR SPECULATIVE PROFIT/LOSS. KINDLY SUGGEST.
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veena

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veena (Expert)
14 January 2010 Dealing for client: its brokerage income and hence no quetion of speculation

Own deling of scripts with delivery: Business profit/loss

without delievery: speculation loss/gain
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
03 July 2023 "Sorry, I am not a featured member."

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