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how to disclouse share trading in f&o in ITR
share treading in F&O Itr is consider as business income so is it necessary to make balance sheet
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Yes...... if declared as normal business income....... but NO, if declared under presumptive scheme......
No, it's is business income (loss) . There is no need to prepare Balance Sheet for ITR filling purpose . Only simply calculate Profit and loss in trading in F&O . If person is carrying a business than he is simply calculate Profit and loss.
Don't forward invalid information.
Don't forward invalid information.
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