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Options
-
No, as the trading was leveraged with borrowing (short term loans)
Correct answer
- B
No, as the trading was done frequently, it will be considered as Business Income
- C
Yes, if the company shows these as investments in the books of accounts
- D
Only A or C
Why this is the answer
Frequent trading with leverage suggests business activity, so profits are taxed as business income, not capital gains.
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