Loss from trading in Futures and Options

Sandesh Suralikerimath (Accounts Executive) (26 Points)

24 July 2017

How to show loss from trading in Futures and Options in income tax return and carry forward the loss. What are the requirements for carry forward

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4 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 24 July 2017

File ITR 3 with tax audit complience

1 Like

Sandesh Suralikerimath (Accounts Executive) (26 Points)
Replied 24 July 2017

Thanks for update but my turnover falls below 1 crore is it necessary for tax audit

neeraj gupta (1138 Points)
Replied 24 July 2017

Only if your total income including other income heads is above 2.5L.

2 Like

Sandesh Suralikerimath (Accounts Executive) (26 Points)
Replied 24 July 2017

Thanks for the update

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