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A partnership firm where two were partners,

both invest their money in the firm and the firm is in trading at stock market and making profit.


– the profit from stock market trading to the firm will be capital gain and

– share of profit from the business is business profit or loss

Is this is correct.

Veterans, please guide and advise.

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If I am not wrong, share trading is their business so all scripts will be their stock and profit or loss will be business income

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