Speculation trading income tax

Gains from F&O are not considered capital gains but business income. As these are considered non-speculative business gains, income tax is levied according to the applicable tax slab rates. This can be explained with an example. During 2017-18, Mr A traded in Nifty many times. His purchases were worth Rs 70 lakh and sales worth Rs 80 lakh. Income tax provision has not defined speculative income but has defined ‘speculative transaction’. Therefore, it can be said that income that is derived from the speculative transaction is speculative income. 2. Meaning of speculative transaction. Speculative transaction is a transaction of purchase or sale of a commodity including stocks

Saraswat bank net banking online form

5 Dec 2016 MMID which we can generate using our mobile banking application or net banking. Also the mobile number must be registered with the bank,  19 Apr 2018 It had net NPAs of 8.84 per cent in March 2016, the latest number "For the last three months we are in talks with Saraswat Bank and we have