F&O TRADE DATED 30 MARCH AND 31 MARCH BILLED ON 1 OR 2 APRIL


This query is : Resolved 

Quick Summary
This discussion clarifies the financial year attribution for F&O trades executed on March 30th and 31st, 2023, but billed on April 1st, 2023. The consensus is that the gain from these trades, amounting to Rs. 278,500, is correctly attributed to the Financial Year 2022-23, based on the trade execution date rather than the billing date.

04 December 2023 F&O trade dated 30 March 2023 / 31 March 2023 is billed on 01 Apr 2023 for Rs. 278500 (gain).

Is this gain amount is related to FY 2022-23 or FY 2023-24.

Kindly explain.


05 December 2023 It's related to FY 2022-23 based on trading date.

05 December 2023 thanks a lot sir. if you have any other details regarding the matter pls feel free to share here.


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