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Clubbing provision -f&o trading.
If my total f&o trade involves half money received from my parents (they also trade in my A/c) whether clubbing provisions applicable for loss and profit. Or I should show the net result in my ITR and treat the cheques (few as cash deposit) as gift /loan.
Replies (1)
if you are major, then it will be charged in your hands or else it'll be clubbed in the hands of your parents
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