Which form should be filed if someone has "Salary Income" and also "Losses in Futures&Options trading, less than 1 crore turnover". Thanks in advance.
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Sej2411
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Which form should be filed if someone has "Salary Income" and also "Losses in Futures&Options trading, less than 1 crore turnover". Thanks in advance.
Thanks Pankaj for response; one more clarification: as there is loss in F&O, do I need to show them in returns, if I have no plan to set-off them in coming years? or Is it mandatory to show then and get audited (as per sec:44AB) by CA? And, if possible, can you please suggest a good CA, in Hyderabad to do audit and file returns?
Its better to show losses also, as in coming years, you never know about set off. We don't have much idea about CAs in Hyderabad. We are based out of Gurgaon and can connect to some local CAs here.