Which itr form to be filled by positional trader

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155 Points Posted on 22 September 2020
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
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On 22 September 2020 at 10:19 Report
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Quick Summary
If you're a positional trader whose sole income source is the stock market, and your annual income is below £5 lakh, you should file ITR-3. This form allows you to correctly declare intraday trading under speculation business income, F&O under normal business income, and equity gains as short-term or long-term capital gains.

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Profession
28261 Points Posted on 22 September 2020
File itr 3.
what is your turnover?
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On 22 September 2020 at 12:27
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CFO- at NHTF
58280 Points Posted on 22 September 2020
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
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On 22 September 2020 at 18:57
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155 Points Posted on 24 September 2020
Thanks
annually 2-3 lac
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On 24 September 2020 at 10:40

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