Please Help: FUTURE AND OPTION PROFIT- INCOME TAX
Posted Date : 26-Jun-2024 , 12:01:30 pm | Posted By: JIGNA SHAH
Category :
Income Tax | Answers :
0|
Comments :
3| Hits: 3839
|
HI, anyone can guide for future and option transaction- having profit- then tax audit criteria |
 |
|
 |
|
Comments |
Posted By : Nilesh Dineshbhai Bajaj |
06-Sep-2024, 07:46:24 |
You have to observe whether F&O is your business or it is Investment. If it is Investment then you should consider it in Capital Gain head and If it is Business then consider it in Business and profession. For Tax audit you should consider transaction in F&O |
|
Posted By : Ajay |
22-Jul-2024, 07:00:56 |
You need to see whether future and option trading is business or investment activity, also for turnover limit applicable for tax audit net turnover reported by dealer is considered. |
|
Posted By : Ajay |
22-Jul-2024, 07:00:56 |
You need to see whether future and option trading is business or investment activity, also for turnover limit applicable for tax audit net turnover reported by dealer is considered. |
|
|
|
|
|