ITR-2 - Who Should File, Applicability and How to File ITR-2 Online?
ITR-2 - Who Should File, Applicability and How to File ITR-…
1 month ago
cleartax.in
Apko Future & Options ki calculation aati h ? 💹 F&O Trading & ITR Filing Explained! Doing Futures & Options trading? Your profits/losses are not capital gains — they’re treated as Business Income under Income Tax. 📊 🔍 What to Know: ✅ F&O = Non-Speculative Business ✅ File ITR-3 (or ITR-4 if 44AD opted) ✅ Turnover ≠ total value of trades 👉 How to calculate Turnover? 📌 Add absolute profit absolute loss 📌 Add premium on options sold 📌 Add differences in reverse trades 🧮 Example: Profit ₹45K
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