I want to know under which head of Other sources of income we can show profit earned thru Forex trading Online platform like exness ,fxtm etc.
if approx montly amount is 10-15K
Thank you in advance
4 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 22 September 2021
Show it under income from other sources
Harshit Arora
(7 Points)
Replied 22 September 2021
In income for other sources, we have to show it as Trading Income. as on new portal other sources (source needs to be mentioned)
Recent Topics
- HSN Summary B2B and B2C
- DRC-01 Demand Notice for filing GSTR-9 Wrongly
- Income Tax for freelancing services
- Income Tax Return Filing Reg
- DRC 03 payment method
- GST Registration for Service Providers
- Tax for individual freelancing service providers
- LUT Number confusion! ARN or Reference Number
- Section 44ADA Query - 75 Lakh Limit Clarification
- GST on Rent RCM
Related Threads
CAclubindia
