Which itr to file for equity traders

Please tell me which
itr to file if i trade in equity shares and have loss in options trading and some dividend income while I am a housewife and my husband a government employee and files itr 1.Gross income of both 950000.
Replies (15)
Quick Summary
This discussion focuses on determining the correct Income Tax Return (ITR) form for individuals involved in equity trading, particularly when experiencing losses in options trading and receiving dividend income. The advice suggests that ITR-2 might be suitable, but ITR-3 is often recommended for options trading, as it's typically treated as business income. The final recommendation leans towards ITR-3 due to the nature of options trading losses.

Your husband being a govt. employee will file itr 1 as per form 16 issued by the employer. Since you are a casual trader.
It depends on two aspects -1. gross income. 2. source of income.
itr 2 will be best. Itr 1 can also be filed if the income is lesser.
ITR 3 may be used since option trading will be treated as normal business income
No itr 3 cannot be used unless the querist post her income and by how much. Itr3 demands a derailed analysis.
Read the query again.Loss in option trading that means ,it's a business loss
Trade in equity shares details not disclosed. read the query.
Options are different from equity.. Query is clear that there is options trading .F & O comes under normal business and not under capital ga
My income is just 150000 old time savings and husband's 800000PA.Equity Short Term Gains 29000,and O&F Loss 170000.
You need to file ITR-3
It's possible when he has furnished the details. So now it is ok..resshmi
What you want to say????
He want say that he took another Sunday peg
😂😂😂
Wireless communication.I can see and hear that you are laughing
Yes I am

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