Categories of FNO transaction
This query is : Open
02 June 2025
Sir/Madam
One of my friend have made FNO during the fy 2024-25 and he want to prepared tax computation. How he is to know Categories of FNO scripts??
FNO transactions are made through Grow platform.
Thanks in advance
One of my friend have made FNO during the fy 2024-25 and he want to prepared tax computation. How he is to know Categories of FNO scripts??
FNO transactions are made through Grow platform.
Thanks in advance
02 June 2025
- Index Futures & Options – Includes major indices like Nifty 50 and Bank Nifty.
- Stock Futures & Options – Individual stocks that meet liquidity and volume criteria.
- Sectoral Futures & Options – Derivatives based on specific industry sectors.
- Commodity Futures & Options – Includes commodities like gold, crude oil, etc.
- Currency Futures & Options – Derivatives based on currency exchange rates.
- Stock Futures & Options – Individual stocks that meet liquidity and volume criteria.
- Sectoral Futures & Options – Derivatives based on specific industry sectors.
- Commodity Futures & Options – Includes commodities like gold, crude oil, etc.
- Currency Futures & Options – Derivatives based on currency exchange rates.
02 June 2025
Thank you sir for prompt reply.
But Sir how to categories individual scripts and P&L report generated in Grow App. not mentioned categories!!!
But Sir how to categories individual scripts and P&L report generated in Grow App. not mentioned categories!!!
02 June 2025
Unless index in nature all or them would be under stock F&O.
03 June 2025
why do you need to categorize F&O transactions separately?
03 June 2025
I am not able import file in tax computation software. I need to add categories in each line items.
One more thing I need to know, can he has to get ca certificate for filling tax return?? If he earn profit or loss case?
One more thing I need to know, can he has to get ca certificate for filling tax return?? If he earn profit or loss case?
04 June 2025
Earlier distinction was required as turnover calculation differed for options and future. no need to categorize anymore as both options and futures are taxed in the same manner.
04 June 2025
Thanks for prompt replied
So. I can shown in one single line total purchased, sales and net profit in preparation of tax computation for fy 24-25.
Under which section I will have to show it?
Thanks
So. I can shown in one single line total purchased, sales and net profit in preparation of tax computation for fy 24-25.
Under which section I will have to show it?
Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Capital gains-24.06.2025
- Confused regarding applicability of books of accounts and audit
- TDS DEDUCTED ON PAN OF DECEASED FOR INCOME EARNED POST DEATH
- FNO transaction not reflecting AIS
- Taxation under the head Salaries
- ITR 3 TO ITR 4
- Regarding to Relinquishment of Rights
- ENUM VALUE
- Disclosure in DPT-3
- TDS on Other Business Services P1006
- Section 154(8)
- Mistake in GSTR1 of June-22
- Gstr 4 expenses
- Equalization Levy NIL Return Filing
- How to enter RCM after due date is over
- Credit Notes against cancellation of Invoices issued to SEZ Developer
- Is Special Resolution needed Loan From Directors by a Private Limited Company 4 times the net worth.
- How can Wikipedia serivces really save your time?
- VRS Receipts Exemption limit
- Traces- TDS Demand Outstanding
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
