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.
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.
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.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
