Comment on Classifying Your Market Activity

Nithin Kamath commented on 07 Jun 2016, 08:00 AM

Yes all F&O has to be declared as non-speculative business income.

If you see the post above, I have given link to an updated CBDT circular from this year. It says that irrespective of how often you do delivery based trades, you can still show it as capital gains if you wish. You can also show as business income, but whatever you show, you have to continue showing it based on the same logic in the future.

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