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Which itr form to be filled by positional trader

199 views 3 replies
Good morning Sir,

1.I want to know that from last year I am doing trading in stock market
2. my only source of income is from stock
3. I am doing short term trading ( intraday or positional trading)
4. right now my income is below 5lac
5. now I want to know, while income tax return which form will be filed by me

thanks in an advance
Replies (3)
File itr 3.
what is your turnover?
You can use ITR-3 .

You may declare intraday under speculation business income

F&O under normal business income

Equity gains under Capital gains short term/long term
Thanks
annually 2-3 lac


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