Income tax return for F&O and intraday traders
Trading ka hisaab alag hota hai.
- You trade futures and options
- You do intraday equity
- You also have salary or other income
What is included
- F&O treated as non-speculative business income, intraday as speculative, they are taxed differently
- Turnover computed the way the department computes it, not absolute profit
- Whether an audit is triggered, told to you before it becomes urgent
- Losses carried forward correctly so they are usable next year
- ITR-3 filed and verified
How it works
- 1
Send the broker tax statement
The full-year one, not the ledger.
- 2
Turnover and audit check
We tell you immediately whether an audit applies.
- 3
Compute and review
Speculative and non-speculative shown separately.
- 4
File
With losses carried forward where they exist.
Documents you will need
- Broker P&L and tax statement for the year
- Form 16 if salaried
- Bank statement
- Form 26AS and AIS
Questions people actually ask
Loss hua hai, phir bhi bharna padega?
Haan, aur time pe. Loss carry forward tabhi hoga jab due date se pehle file karo. Warna wo loss khatam.
When does an audit apply?
It depends on turnover as the department defines it, and whether you have opted out of presumptive taxation before. We check both and tell you upfront.
Tool free hai. Ye paid hai. Dono theek hain.
If you would rather file it yourself, the tool is free and always will be.
If you would rather file it yourself, the tool is free and always will be.