Can I show fno as normal business and other business under 44ad in ITR 3?
Replies (2)
Quick Summary
This discussion addresses whether it's possible to declare Futures & Options (F&O) trading as a normal business alongside other businesses under Section 44AD within Income Tax Return (ITR) 3. The user is specifically seeking clarification on how to handle F&O losses in this scenario. The consensus is that it is indeed permissible to show F&O as a normal business under 44AD, even when there are losses.