Suggest IT Form for Individual - Having F&O Turnover along with STCG for this AY 2021-22

ITR 128 views 3 replies

Hi Team,

One of my colleagues did trading on Options and have STCG income on last year i.e. on AY 2021-22. Please suggest which ITR form is applicable to them ?

Is ITR- 3 applicable ? If yes, seems lengthy one hence please suggest your views how to fill soon.

Thanks & Regards,

Lakshmi S

Replies (3)

ITR 3 only option.

F&O trade can be declared under presumptive assessment.

Hi Team,

Please suggest how to fill ITR 3 form easily as it seems lengthy one ? Do we have any option to skip the unnecessary scheudles in ITR 3 to fill 44AD Presumptive income ?

Is it mandatory to maintain books / audited to claim 44AD loss for individual ?

Please share your views once

Thanks & Regards,

 

 

 

Hi Dhirajlal,

Thanks for your reply. 

Best Regards,

Lakshmi


CCI Pro

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