https://www.taxtmi.com/news?id=19560 Options in commodity futures are included in the definition of taxable commodities transactions; sale of an option will attract Commodity Transaction Tax payable by the seller, and where an option is exercised the purchaser will be liable to pay tax. Valuation provisions are amended to include the value of options. These amendments take effect from 1 April 2018 and apply to the assessment year 2018-2019 and subsequent years. en-us Mon, 05 Feb 2018 11:11:11 +0530 Mon, 05 Feb 2018 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19560 Options in commodity futures are included in the definition of taxable commodities transactions; sale of an option will attract Commodity Transaction Tax payable by the seller, and where an option is exercised the purchaser will be liable to pay tax. Valuation provisions are amended to include the value of options. These amendments take effect from 1 April 2018 and apply to the assessment year 2018-2019 and subsequent years. News - Mon, 05 Feb 2018 11:11:11 +0530 https://www.taxtmi.com/news?id=19560