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    Posted By : Juhee Goyal / Published on : 02-Dec-2022 07:45 AM / View : 197 / Comment : 0

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    Hello Professionals

    Every year at the time of filing of Income Tax Return, I have been asked this question by many people regarding taxability of Futures and Options, hence today I am covering this in article to enlighten you about this topic. Article explains How to file income tax return in case of profit/loss from F&O trading, Applicability of Audit in case of loss from F&O Trading, Treatment of profit/loss from F&O Trading in the income Tax Return, Applicability of Tax Audit in case of derivative (F&O) Trading, Calculation of turnover in case of F&O Trading, Treatment for Expenses against F&O Income, Maintenance of Books of Accounts in case of F&O Trading, Provisions relating to filing of Income Tax Return for F&O trading income and Carry forward & and set off of Loss from F&O transactions.
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