ITR-3 / MARGIN FUND TRADING


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This discussion explains how traders can adjust margin fund trading interest and charges when filing their ITR-3 return. It covers specific examples for equity intraday and short-term capital gains, detailing how to include these costs in the acquisition cost for tax reporting. The advice confirms that both interest and pledge/unpledge charges should be added to the cost of acquisition.

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.

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.


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