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Trading in derivatives
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?
Replies (5)
F&O transactions are to be declared u/h. PGBP....
F&O profit loss is treated as business . File ITR3 or ITR4
in case of loss, how to treat ? some says to keep accounts and get audit and then filing.
Depending upon turnover amount audit will be or will not be there. I presume you have not opted 44AD in PY.
F&O Profit or Loss is treated as business . File ITR3 or ITR4.
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