ITR-3 / MARGIN FUND TRADING
This query is : Resolved
09 August 2021
I am doing Equity Intraday Trading/ Short Term Trading and my broker is angel and angel is provided margin trading funding @18 PA+GST.
F.Y. 20-21 i had earned 98k from intraday profit and 102k from short term capital gain and for the F.Y. 20-21 angel broking Interest charges on margin fund is Rs. 47k and charges for Pledge/Unpledge 5K.
My question is how can i adjust these transactions in return please explain.
F.Y. 20-21 i had earned 98k from intraday profit and 102k from short term capital gain and for the F.Y. 20-21 angel broking Interest charges on margin fund is Rs. 47k and charges for Pledge/Unpledge 5K.
My question is how can i adjust these transactions in return please explain.
09 August 2021
Add such charge in the cost of acquisition and report in the return
10 August 2021
Both (Interest +Charges)
10 August 2021
Yes, both interest and charge.
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
- CG Tax On residential property
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- Gift of mutual fund units to daughter
- Not able to file ITR
- Upload Level ValidationITR3Category of Defect B/D
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Building tax payment deduction in rental Income
- PPF interest-As Exempt Income disclosure
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
