Tax Implication on Derivates Income

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..... Tax Implication on Derivates Income
Query (Issue) Started By: - shiv darshan Dated:- 23-3-2016 Last Reply Date:- 26-3-2016 Income Tax
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Income Tax
Hi, Greetings! I am an Index O .....

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..... ption trader and wanted to understand tax implications on Derivative income. How is derivative income taxed? Would it be better to form a company and register with my broking house and show profit as .....

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..... business income? Are there any benefits to this strategy as oppose to showing profit as speculative income. Secondly, I would also be borrowing funds from my Parents. Thirdly, My discount broker doesn .....

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..... 't accept LLP. Please let me know how should I be going about this. Thanks. Reply By Ganeshan Kalyani: The Reply: The derivative income is taxed under 'Income from Business or Profession' .....

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..... ;. About the type of registration your are seeking in order to get tax benefit shall be best advised by practising Chartered Accountants. This is because it needs a detailed study including study abou .....

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..... t income, liability, partners etc etc. Thanks.
Discussion Forum - Knowledge Sharing .....

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