banner_ad

Tax on futures trading

Tax queries 279 views 2 replies

hello. my age is 24. i am male. i am full time trader . what i mean trader is that i trade stock market futures. and carry position max 10 days and sometime books profit on intraday basis as well. in year 2012-2013 i have made about 200000 rupees profit. so any body can please guide me to pay tax for this money i have made from trading. i don't have my own house or any insurance policy. This is first time i am paying tax.

 

Thanks

 

Replies (2)

You are required to file ITR-4 and assess your profits under income from business/profession. You may claim expenses such as internet charges, stationary, computer expenses etc. 

Yes, agreed with mr. Mihir


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details