Presumtive taxation for Future & Options

This query is : Resolved 

Quick Summary
Yes, income generated from trading in Futures and Options can be declared under Section 44AD of the Income Tax Act, provided you are an eligible assessee. This section offers a presumptive taxation scheme, simplifying tax declaration for certain types of income.

26 July 2023 Does 44AD Apply to trading in Future and Options?

26 July 2023 Yes, income of F&O can be declared under sec. 44AD IT act by eligible assessee.

13 September 2024 Good luck.


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