Taxation of Currency profit/Loss

#1
I want to know, how would profit/loss from currency trading will be treated as ?
It will be treated as speculative or non speculative business ?

Can i set off my business profit against the loss from currency loss and vice versa ?

thanks
Monika
 

bunny

Well-Known Member
#2
It is speculation because its a derivative contract. We trade the future and options of the underlying currency pairs.

No clue about other questions.
 

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