12-12-2004, 11:03 PM
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yaar i am asking again ...do we have any example of speculation business in Pakistan...agar nahin hai tou y this term is used in Income tax
Ace
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Taking speculative views and positions on securities may be classified as speculative business. Otherwise, why don't you just contact tax authorities and get a clarification yourself. I think by doing that you would get a precise example and understanding of their rule.
DT
yaar i am asking again ...do we have any example of speculation business in Pakistan...agar nahin hai tou y this term is used in Income tax
Ace
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
Taking speculative views and positions on securities may be classified as speculative business. Otherwise, why don't you just contact tax authorities and get a clarification yourself. I think by doing that you would get a precise example and understanding of their rule.
DT
