F&o profit be treated as business income or stcg? What expenses are allowed?

We have profit from f&o trading? Will this profit be treated as business income or stcg? What expenses are allowed in f&o trading profit in Income tax?
Replies (3)
Quick Summary
This discussion clarifies that profits from Futures & Options (F&O) trading are generally treated as business income for tax purposes, not short-term capital gains. It also touches upon the types of expenses that are permissible to deduct against this income. For detailed advice, further consultation may be necessary.

F&o is treated as normal business income. If you need to discuss is detail about it then check your inbox.
@ CA Akarsh Jain sir,.... I have one question can I ask???
F&O treated as business income. Only trading expesnes are allowed for that

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