Whether a STCL in commodities market be Set Off against STCG in BSE?
Please cite related provisions or case law, if any.
Thanks in advance.
3 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 15 April 2011
STCL in commodity market ?
as far as we know the commodity market is non delivery base trades, so it may be deriatives business in future trades, its business income, not a capital gain/loss.
Rupa Agarwal
(Service)
(137 Points)
Replied 18 April 2011
| Originally posted by : U S Sharma | ||
 |
STCL in commodity market ? as far as we know the commodity market is non delivery base trades, so it may be deriatives business in future trades, its business income, not a capital gain/loss. |
 |
dat means trading in commodities market is a speculation business??
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 18 April 2011
speculation = intraday trades of delivery / non delivery based trades
business income = positional non delivery based trades ( F&O)
capital gain = delivery ( demat holding) trades.
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