How to show loss in futures tading in profit and loss section and balanc sheet section of ITR ? Wheather tax audit is required if futures trading loss is 3 lakhs and other sources income is 7 lakhs ?
Menu
Itr filling in case of futures and option trading
Replies (2)
it's speculative business loss.
Trading in futures and options is normal business activities.
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
