leaky
12-04-2006, 02:38 PM
while trading in future and options what tax rate should be applied?i believe a case law regarding this was explained but couldnt find that case....so plz help me
|
View Full Version : i want to know income tax rate applicable to derivatives and case law if any regarding it? leaky 12-04-2006, 02:38 PM while trading in future and options what tax rate should be applied?i believe a case law regarding this was explained but couldnt find that case....so plz help me PaulU2327 12-24-2006, 02:38 AM The derivates profit will be deemed to be Short Term Capital Gains and hence the rate of Tax would be 10% if the profits are earned after 26/01/2006 |