Which ITR to be used while filing

I am working in a MNC and hence is a salaried employee. Along with my work, I do invest some time to do share trading as well. In this case which ITR should I be filing so as to include the salary as well as the profit and loss from share trading. 

Replies (5)
Quick Summary
This discussion clarifies which Income Tax Return (ITR) form to use when you have both salary income from an MNC and profits or losses from share trading. For salaried employees also involved in equity trading, ITR 2 is generally recommended. If your trading activities extend to Futures & Options (FnO), then ITR 3 or ITR 4 might be more appropriate.

ITR 2 should be filed.
You can contact me on ajaakarshjain16 @ gmail.com if you need any help in ITR filing. I can reduce your tax and can give suitable advises that suits your profile.
File ITR 1 or ITR 2
Sitaramkumar
What?
If you are trading in equity market only, then ITR 2 will be fine

If you are trading in FnO, then choose between ITR 3 or 4.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register