FNO income

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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
Replies (4)

If it is single trade or so, yes...

But advisable to file ITR 4 in such case... (provided no capital gains declaration)

Multiple Trade

File ITR 4 or 3 as per applicability...

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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