https://www.taxtmi.com/manuals?id=1082 A speculative transaction is a contract for purchase or sale of commodities, stocks or shares settled otherwise than by actual delivery, subject to recognised exceptions for derivative transactions, hedging in business, hedging in shares, and jobbing or arbitrage by market members. A specified derivative transaction is treated as non-speculative where it is carried out through regulated intermediaries or by banks or mutual funds on screen-based systems of a recognised stock exchange, and is supported by a time-stamped contract note containing the unique client identity number and PAN. Securities, currency futures, commodity derivatives and agricultural commodity derivatives are covered within the stated conditions. en-us Tue, 15 Sep 2015 10:33:00 +0530 Tue, 05 May 2026 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1082 A speculative transaction is a contract for purchase or sale of commodities, stocks or shares settled otherwise than by actual delivery, subject to recognised exceptions for derivative transactions, hedging in business, hedging in shares, and jobbing or arbitrage by market members. A specified derivative transaction is treated as non-speculative where it is carried out through regulated intermediaries or by banks or mutual funds on screen-based systems of a recognised stock exchange, and is supported by a time-stamped contract note containing the unique client identity number and PAN. Securities, currency futures, commodity derivatives and agricultural commodity derivatives are covered within the stated conditions. Manuals Income Tax Tue, 15 Sep 2015 10:33:00 +0530 https://www.taxtmi.com/manuals?id=1082