Income tax return for salaried person doing share trading

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8 Points Posted on 06 March 2020
I am salaried employee having income below 5 lakh. I want to do only share trading in listed shares. which income tax return is applicable for me
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On 06 March 2020 at 22:54 Report
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Quick Summary
If you're a salaried employee with income below £5 lakh and involved in share trading, understanding the correct Income Tax Return (ITR) form is crucial. While ITR-3 is generally applicable, if your trading primarily involves equity investments, ITR-2 might be suitable. For other trading activities, ITR-3 or ITR-4 could be the correct choice.

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17269 Points Posted on 07 March 2020
ITR3 will be applicable.
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On 07 March 2020 at 00:00
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CFO- at NHTF
58280 Points Posted on 07 March 2020
If it is equity investment ,you may use ITR-2.Else you may use ITR-3/ITR-4
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On 07 March 2020 at 14:59

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