Quantitaive details in Form 3CD


This query is : Resolved 

Quick Summary
This discussion clarifies the reporting of quantitative details in Clause 35 of Form 3CD for assessees involved in F&O and share trading. While some argue no quantitative details are needed for these trading types, the consensus leans towards reporting for delivery-based share trading only. Intraday and F&O trading quantities are generally not reportable under this clause.

03 December 2020 An assessee is engaged in F & O trading and Share trading and comed underthe purview if tax audit.

Whether in Clause 35 of Form 3CD, qunatitive details shall be reported of the following as he is in trading business:

a. Delivery based share trading
b. Intraday share trading
c. F & O trading

06 December 2020 No this type of quantity can not be filled in the report.

20 December 2020 Yes for 'delivery based trading' only.


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