https://www.taxtmi.com/news?id=19554 Agricultural commodity derivatives were treated as speculative because the proviso excluding exchange-traded derivatives from the speculative definition required levy of commodity transaction tax, from which agricultural derivatives are exempt. The proposed amendment provides that trading in agricultural commodity derivatives on a registered stock exchange or association will be treated as non-speculative even if not chargeable to commodity transaction tax, altering their income-tax classification prospectively. en-us Mon, 05 Feb 2018 11:06:14 +0530 Mon, 05 Feb 2018 14:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19554 Agricultural commodity derivatives were treated as speculative because the proviso excluding exchange-traded derivatives from the speculative definition required levy of commodity transaction tax, from which agricultural derivatives are exempt. The proposed amendment provides that trading in agricultural commodity derivatives on a registered stock exchange or association will be treated as non-speculative even if not chargeable to commodity transaction tax, altering their income-tax classification prospectively. News - Mon, 05 Feb 2018 11:06:14 +0530 https://www.taxtmi.com/news?id=19554