Futures options capital gains tax
Transactions in commodity and financial futures and traded options on recognised exchanges are treated as capital in nature unless they are regarded as profits Turnover is only to determine if a tax audit is required or not. Your tax liability does Also, there is no need of an audit if you have only capital gains irrespective of turnover or profitability. Non-speculative transactions (Futures and options). 31 Jul 2017 The most popular form of derivatives are futures & options (F&O). are considered a business, tax rules of capital gains rules do not apply.