Q-1 can derivate transactions( futures and options- stock market) be considered as business income?
If yes, then; can any loss be in deriative be used to offset tax liability from any other source apart from salary income?
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182760 Points)
Replied 28 July 2018
1. Yes, its non-speculative business.
2. Yes; Correct...
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