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TMI BlogTax Implication on Derivates IncomeX X X X Extracts X X X X X X X X Extracts X X X X ..... Hi, Greetings! I am an Index Option 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 bro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... king house and show profit as business 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. Thi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rdly, My discount broker doesn'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 'Inco ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... me from Business or Profession'. 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 d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... etailed study including study about income, liability, partners etc etc. Thanks. - Tax Implication on Derivates Income - Query Started By: - shiv darshan Dated:- 23-3-2016 Income Tax - Got 1 Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... MITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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