Comment on Notice under Section 139(9)? - Possible reason

Prasanna commented on 29 Jul 2014, 03:39 PM

Hello Nithin,

If I have Options income from NYSE trading (non-margin only), do I have to file it as speculative income or regular income from business? I guess this doesn’t get benefit of the section 43(5) since the exchange is not one of those in India.

Please advise


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