FNO income
Tarun Shah (15 Points)
17 May 2025
i can saw fno profit in other income head .my main source of income is salary. 15 lacs per annum salary.which itr form i hv to file
4 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(193978 Points)
Replied 17 May 2025
If it is single trade or so, yes...
But advisable to file ITR 4 in such case... (provided no capital gains declaration)
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(193978 Points)
Replied 17 May 2025
File ITR 4 or 3 as per applicability...
CA Shyam Agarwal
(Chartered Accountant)
(32 Points)
Replied 17 May 2025
Futures and options are treated as business income. Hence you are required to show it under Income from business and Profession. In this case you have to file your ITR-3 as you have salary income as well as Business income.
Hope this clarifies your doubt.
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