TaxTMI 
TaxTMI 
TaxTMI 
Tax Implication on Derivates Income
X X X X Extracts X X X X
X X X X Extracts X X X X
....ax Implication on Derivates Income<br> Query (Issue) Started By: - shiv darshan Dated:- 23-3-2016 Last Reply Date:- 26-3-2016 Income Tax<br>Got 1 Reply<br>Income Tax<br>Hi, Greetings! I am an Index Op....
X X X X Extracts X X X X
X X X X Extracts X X X X
....tion 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 b....
X X X X Extracts X X X X
X X X X Extracts X X X X
....usiness 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&....
X X X X Extracts X X X X
X X X X Extracts X X X X
....#39;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'....
X X X X Extracts X X X X
X X X X Extracts X X X X
..... 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 about....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... income, liability, partners etc etc. Thanks.<br> Discussion Forum - Knowledge Sharing ....