There is only one F&O trading during FY 2019-20
Can i show it under STCG or should i have to declare under business head.
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F&O loss in ITR
Replies (5)
You can show it as STCG
You can show it as stcg
If one to three trading in FandO then add it in short term capital gain
Technically speaking it must be reported under business income. Derivative trading is always non speculative business. You cna easily carry forward the loss
But in general practice, taxpayers are reporting it under capital gain.
Generally f&o is shown under section 44AD.
BUT THERE IS ONLY ONE TRANSACTION I THINK YOU SHOULD IGNORE IT .IT IS A BETTER OPTION YOU HAVE.
BUT THERE IS ONLY ONE TRANSACTION I THINK YOU SHOULD IGNORE IT .IT IS A BETTER OPTION YOU HAVE.
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