Query on tax filing

Derivative trading cannot be taken u/h Capital Gains. It has to be chargeable u/h Profits and Gains from Business or Profession.

It was just one time - an Option (CE) bought and expired, resulting in total loss (of around 40K). I did not even sell it.

Income u/h Profits and Gains from Business or Profession can be divided into two types of businesses viz., speculative and non-speculative businesses. Trading in Derivatives or F&Os is treated as non-speculative business.
Irrespective of volume, the income from derivative or F&O trading has to be taken u/h Profits and Gains from Business or Profession after allowing for all necessary expenses as deductions.

I understand that it should be, as per guidelines, filed under ITR4. In my case, I have already filed it under ITR2 (AY17-18) under ScheduleCG (sl.no. A.5.b(i) -Cost of Acquisition w/o Indexation). Now, I have received a notification that ScheduleCG - sl.no.A.5.a (Full value of Consideration) cannot be "0", which is proper for my case (the Option was bought at 40K and expired which means full value of consideration is "0"). How should I rectify/respond to this notification?

Could some Expert help me with my query?

Regards.

Hi,

Would greatly appreciate an Experts' advice here...

Thanks in advance.