Which out of the following transactions are deemed to be speculative transactions?

CS Executive · Tax Laws · PYQS · December 2022
Which out of the following transactions are deemed to be speculative transactions?
(A) Purchase and Sale of shares otherwise than by actual delivery
(B) Forward contracts
(C) Trading in derivatives or commodity derivatives
(D) Hedging Contract in respect of Raw Materials or Merchandise

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax Act, 1961

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