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Trading in derivatives

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CA FINAL
893 Points Posted on 24 August 2019
Hi, my client entered into derivatives transaction for the PY 18-19. The number of transactions are not much. However while filling ITR whether the same needs to be treated as income from profits and gains from business or profession? or the same should be shown under short term cap gains?
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On 24 August 2019 at 14:34 Report
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SEO Sai Gr. Hosp.
211599 Points Posted on 24 August 2019

F&O transactions are to be declared u/h. PGBP....

581 Reply
On 24 August 2019 at 14:46
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17264 Points Posted on 24 August 2019
F&O profit loss is treated as business . File ITR3 or ITR4
101 Reply
On 24 August 2019 at 15:02
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68 Points Posted on 24 August 2019
in case of loss, how to treat ? some says to keep accounts and get audit and then filing.
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On 24 August 2019 at 20:09
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17264 Points Posted on 25 August 2019
Depending upon turnover amount audit will be or will not be there. I presume you have not opted 44AD in PY.
101 Reply
On 25 August 2019 at 02:50
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Student
23688 Points Posted on 28 August 2019
F&O Profit or Loss is treated as business . File ITR3 or ITR4.
97 Reply
On 28 August 2019 at 21:05


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