Introduction

#1
I am NC ARUNKUMAR, working as Asst. Exe. Engineer in KARNATAKA HOUSING BOARD @ BANGALORE, investing in Mutual Funds from 2000. During 2006, I started trading in shares through Sharekhan, for long term & the profit is Rs.32,000/- for a investment of Rs.55,000/-.
During last month I commenced trading in futures.
Through google search I came to know about this site.
I want to know about income tax liability on the profit from trading in futures & Options.
 
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