Regarding reporting of f&o in itr 3

ITR 184 views 2 replies

I have a option trading loss of rs 1.1 lakhs approx, My turnover as calculated by the formula of (sale price + premium ) is around 4.6 lakhs and actual sale price of option is around 3.2 lakhs and purchase price is around 4.3 lakhs ... my query is how to show the same in itr 3 as i want to carry forward the loss and i dont have any other income other than option trading (i.e income is below basic exemption limit ) whether i have to consider the turnover in the return i.e.4.6 lakhs or the sale price i.e 3.2 lakhs and if i consider the turnover for my sales figure than how to reach at loss of 1.1 lakhs,whether i have to increase my purchase price too ??? to reach at the loss 
 

Replies (2)
In Trading schedule
show aggregate profit amount under item 4 A iii
Show aggregate loss amount under item 4- 9 -iii
The total down below will be Loss (item No. 12)

Hello

in ITR 3 file I am not able to chose the option "whether you are director in a company at any time during the previous"

 can any one help me to resolve the issue.

 

Thank you in advance.

 


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