ITR -3 Live Filing of Future and Option and Intraday | How to file ITR 3 for AY 24-25, FY 23-24

[@arunpandey6923]

सर आपने बहुत अच्छे से समझाया, अब बहुत आसान लगने लगा है।मने कई लोगों की video देखी ,मै बोर हो जाता था समझ नही आता था। आपने बहुत आसान बना दिया।

[@CASumitSharma]

Thank you

[@baghatari4046]

This was the video, I was searching for sir.. Perfect video for salaried people with fno and intraday trading.. With the help of your video I filed my ITR3 with so much ease.. Your explanation of Broker statement and balance sheet was so simple to understand.... Thank you, Thank you, Thank you so much sir. 😊👍❤❤❤

[@CASumitSharma]

Glad it was helpful!

[@vishwaranjan6341]

It was very easy for me to make balance sheet after watching your video. Best informatic ITR related video. Thank you Sumit SIR

[@CASumitSharma]

You are most welcome dear

[@santoshkale4647]

Thank you very much. I file ITR 3 first time. Should have done it long back. Lost big amt of fno loss. ।

[@CASumitSharma]

👍 Best wishes

[@SPSrivastav1605]

Aaj jaa k mila ye learning sahi se.. Thank you Sir.. Thank you so much..!!

[@CASumitSharma]

Thank you 😊

[@radhikagoyal320]

was waiting for this amazing video Thank you today evening after watching this video will File my ITR-3

[@CASumitSharma]

All the best

[@sekhar2214]

Last 2 years ka losses and gains this year show kar sakte hai kya??

[@manvirsingh_1984]

@@sekhar2214 nhi vo uss vkt hi file krne hote hai

[@pvtyagi]

Love this video. It is a great video for salaried people who also do some intraday and F&O. Thanks a lot for making it.

[@CASumitSharma]

Glad it was helpful!

[@understandthewordsfeelthes3036]

Thanks for sharing Helpful information 👍

[@CASumitSharma]

My pleasure Thank you

[@narendrakumar2048]

Very informative...well explained 👏 👌

[@CASumitSharma]

Thanks a lot 😊

[@jaisonsamson380]

do we have to create journal , trial balance ,ledgers etc for books of accounts in fno?

[@CASumitSharma]

No need Unless specifically requested by department..

[@annappamk6739]

Brother your information is so standard, keep it up . God bless you.

[@CASumitSharma]

Thanks, you too!

[@PraveenKumar-zy5cr]

Excellent video indeed. Very informative for those who are filing return in complicated ITR 3. Thank you so much ♥️

[@CASumitSharma]

Glad to hear

[@gmuralikrishna9419]

Nicely explained in simple laugauage and almost all the topics in respect the itr F/O filling has been explained thanks a lot

[@CASumitSharma]

Thanks and welcome

[@manishsantani]

The best video for understanding f&o, shares/mf capital Gains i have ever seen...Thanks sir....

[@CASumitSharma]

Glad you liked it

[@KapilBodhare15]

PPT sabse best part tha, aur sabkuch acchese bataya hai sir.. Thank you!

[@CASumitSharma]

Glad to hear 😊

[@vijayahari8306]

31 March ko proprietor fund ka bls demat account me kitna bls he uske base pr lena he ya bank account k base pr

[@CASumitSharma]

Total assets k according

[@travellersmemories2702]

sir I have a question.if any assessee have F&O & TRADING LOSS & also have other Business profit and previous financial year ITR filed under u/s 44AD then which select in this financial year for non audit cases??

[@CASumitSharma]

Need to check turnover and np this year Audit may be required

[@girishkumar8920]

Sir your videos are very important and helpful ❤❤❤❤

[@CASumitSharma]

Thank you 👍

[@MikeyArian]

Thank you for the detailed video. If possible please explain the amount under "To Drawings" and "By Balance B/d" under the CAPITAL ACCOUNT data. (this part is not understood - what to fill here)....

[@CASumitSharma]

Drawings is self personal expenses of owner.. Balance BD means brought down. You can take it in last after putting all actual data as round figure

[@muralikrishna6838]

Generally, in ITR 3, STCG and LTCG are shown as Capital gains. Intraday gains as speculation and F&O as business income. Unlike this can we show all the mentioned incomes under only speculative activity? i don't have other income except incomes from stock market trading and investment. My consultant CA told me that these incomes can also be shown as speculative income. Is it correct?

[@CASumitSharma]

Different income need to show in respective heads

[@pumanjain]

please let know if in case only two/three transactions related to F&O are there should I need to select ITR3 or ITR2 is good. As you mentioned to show that in Short Term capital gain

[@CASumitSharma]

As per rule FnO is business income And STCG is capital gain.. So take decision accordingly... Either show in business or avoid

[@pumanjain]

@@CASumitSharma thanks, Sumit ji

[@vipinarora9235]

Very nice and informative video. Thanks a lot❤

[@CASumitSharma]

Most welcome 😊

[@sumitchowjar]

First of all thanks to @Mr. CA Sumit Shrama for such helpful content. My que is: My father is a small businessman with an annual turnover of around 15-16 lakhs. He does not maintain books & accounts and has filed ITR 4 in previous years. But in FY 2023-24, he has made some short-term gains from stock market trading around Rs 33k. Which ITR should he file now?

[@CASumitSharma]

ITR 3

[@sumitchowjar]

@@CASumitSharma Thnaks for confirming.

[@praveentripathi6629]

Best video for queries and doubts regarding ITR filing. Thanks for posting this.

[@CASumitSharma]

You are most welcome

[@kishorbodkhe1255]

If there is another business with F&O trading then we can proceed u/s 44AD presumptive scheme for that another business ?? Please reply

[@CASumitSharma]

Yes

[@MECHATRONICS123]

If I have filled ITR 1 before 31 July and I have received refund. But now I come to know that I can carry forward my options trading losses by filling ITR 3. can I fill ITR 3 as per old tax regime now?

[@CASumitSharma]

Yes

[@pumanjain]

Hello Sumit ji, you have explained this marvelously .

[@CASumitSharma]

Thank you

[@g.dhanasekar---1472]

Great, Excellent & Thanks.

[@CASumitSharma]

Thank you 🙏

[@vijaysingh-xh6di]

Thanks for your kind support , here I need to know in balance sheet Colum where liabilities section what is ABC in 3rd line ? is it broker account like zerodha ,angle one or it is a bank account. please reply What it should be in other word or term?

[@CASumitSharma]

You need to show all broker's account

[@dineshshah831]

F&O Sales value and Purchase value are just contract Amount. It is not actual sales and purchases. Now supppose if we show only net ptofit or loss from F&O, how AO would come to know about Turnover criteria for tax audit. Is it necessary to show contract value or absolute turnover in return ?

[@CASumitSharma]

Not mandatory

[@0201Siddharth]

Thank You so much sir. I am a salaried individual who has some investment income. I have some queries 1. When i received dividend from a company, TDS was already deducted but that was not reflecting in the ITR. i had to pay again. Do we need to pay the tax again or can we show the amout as there was no space for that? can you tell me how 2. Can i rent a office and pay rent (show it as expense) to offset stgc and ltgc if any? if yes, where to show it? 3. I can see you have claimed laptop. mobile and bike expenses. How can i justify the reason of bike if i get a notice? also will it offset my stgc and ltgc?

[@CASumitSharma]

Dividend is taxable as per slab rates TDS deducted 10% And tax is need to pay as per tax slab

[@CASumitSharma]

Rent can't offset against LTCG STCG It can offset against intraday FnO

[@CASumitSharma]

Not entire expenses Depreciation of fixed assets can be claimed against intraday FnO

[@0201Siddharth]

@@CASumitSharma did not get this one. can't i offset the depriciation expenses of bike, laptop and mobile with stgc and ltgc?(atleast show it as expenses) or is it only with intraday and fno?

[@advocatearpandeb8403]

sir if margin trading is done for short term capital gains, can interest paid for margin taken be deducted as expense from capital gains? or if it was done for intraday then also, can we take the interest paid as expense from intraday speculative business?

[@CASumitSharma]

Interest paid for margin trading is not allowed as a deduction when computing short-term capital gains (STCG) or long-term capital gains (LTCG) under the Income-tax Act, 1961. According to the Act, expenses directly related to the transfer of the capital asset can be deducted. However, interest on margin trading does not qualify as a direct expense related to the transfer of the asset; hence, it cannot be claimed as an expense against STCG or LTCG .

[@shardams]

Sir, me MTF trading krta hu muze konsi ITR file karni chahiye kyuki me interest me ek achha amount pay kr rha hu 😂 and I want deduction for that interest amount. Please suggest

[@CASumitSharma]

Fir to aaap business income dikhao ITR 3

[@pranav-patil]

Sir, I have done FnO and short term trades in my groww account and I do not have any income as I was Student. So while filing ITR, in balance sheet section, How to calculate proprietor fund, can we just enter random number and then what to enter in application of funds ?

[@CASumitSharma]

Yes you can show Round figure amount

[@kaushikray8894]

Sir, I have a profit of 3.5 L in equity short term trading, and 1 L profit in fno and commodity trading.. I have no any other income. Is this income of 4.5 L eligible to pay tax? Or will the tax be exempted against this income? .. Please answer. I heard that a total income upto 7 lakh is free from tax paying.

[@CASumitSharma]

Tax need to pay on STCG 3 lakh exempt 15% on 1.5 lakh taxable

[@kaushikray8894]

Thanks for your kind comment​@@CASumitSharma

[@shailendragurjar934]

Sir, STCG is 651000 and I govt. salaried person but intraday profit is only 18700 he.. Sir kya me itr 2 bhar shakta hu..

[@CASumitSharma]

3 need to file

[@pratikjoshi1697]

I have invested 3,50,000 of capital in previous year in trading and I have a loss of 20,000. So liabilities total will be 3,30,000 so just to balance the balance sheet can I declare assets of only 3,30,000 even if I have more than that or not ? For example I can show bank balance as 3,30,000 even if it's more than 3,30,000 ?

[@CASumitSharma]

Actual bank balance need to show

[@sanjayadhikary111]

Sir mai blogging karta hu... Or sath me kuch stock market investment ke through profit kiya hai... To mai konsa itr file karu?

[@CASumitSharma]

3

[@vijaysingh-xh6di]

Sir If liabilities Amount is equal to Assets Amount, then what if I have not shown fixed assets value like mobile laptop & motorcycle in my previous ITR Filling? should I need to show them in current year? Please suggest if I Add these assets in current year for balancing Liabilities = Assets then it might not be questionable as per any of income tax procedure? because these assets I have from last 2-3 years. already.

[@CASumitSharma]

You can show them now And equal amount in capital account

[@Jay4567]

Sir, I have Intraday and F&O transactions. Will it be proper and systematic to show STCG LOSS in the Balance Sheet in ITR 3? Kindly guide.

[@CASumitSharma]

Yes There is separate section for STCG LTCG in ITR 3

[@harshadjoshi9345]

maine 1st time FNO trading kiya hai in year 2023-2024 and the profit after removing the brokerage charges is 1,31,600 rupees, but i have not included expenses like electric bill, internet expenses and depreciation, so while filing ITR3 in Audit information do i select to maintain books of account as YES as per Section 44A or NO ?? please confirm as there is confusion on the limit whether it is 1,20,000 or 2,50,000 or 1,50,000, please let me know in which category do i fall ? , Thanks in advance !

[@CASumitSharma]

Better to do yes

[@kiranverma-ou9ug]

Sumit sir, if you can provide the balance sheet format, which you shown in your video would be very helpful, Very helpful video

[@CASumitSharma]

t.me/sumitsharma_ca/170

[@rimadas2296]

Sir, I HAVE LOSS IN INTRADAY(RS.409)AND FNO (RS, 297). I AM A SALARIRD PERSON AND HAVE STCG PROFIT AND DIVIDEND INCOME. I Don't WANT TO CARRY FORWARD LOSS. WHICH ITR SHOULD I FILE? IF FILE ITR3, CAN I SHOW ZERO IN PROFIT SECTION OF INTRADAY AND FNO? PLS SUGGEST...

[@NARUTO-qv5rg]

Sir i do investing in share market , short term or long term but i also have little trades in intraday in which i had loss , which itr from to file?? I am a invester, i only invested around ₹3k and i didn't have any business or salary. I have i choose itr 2 where to show intraday loss???

[@CASumitSharma]

3

[@NARUTO-qv5rg]

@@CASumitSharma ok sir , sir i got some money for some work i done and it was one time case , where can i show that money in itr?? As i got that money in crypto.

[@yrrao2009]

Thank you sir for sharing the valuable information related to ITR3 Filing.

[@yrrao2009]

Your way of teaching and the area covered was superb.

[@CASumitSharma]

You are most welcome

[@anamikashukla5822]

great

[@CASumitSharma]

Thank you

[@Rakn19]

Sir, I have an urgent question. This fy( 2023_24), I have done no intraday trading or F n O transactions. However, I have carried forward earlier F n O losses( approx 10 lakhs) in fy 2021-22 by filing ITR 3. Do I also need to file ITR 3 for this ay 2024-25 to carry forward earlier losses , even when I have done no F n O or intraday transactions in ay 2024-25. For this ay, I have income only from salary and FD. Please guide, Which ITR to file, if I want to carry forward earlier F n O losses.

[@CASumitSharma]

नहीं, आप पिछले साल के बिजनेस लॉस को ITR 1 में दिखाकर कैरी फॉरवर्ड नहीं कर सकते। ITR 1 केवल वेतन, एक घर की संपत्ति, और अन्य स्रोतों (जैसे ब्याज आय) से होने वाली आय के लिए है। बिजनेस लॉस को कैरी फॉरवर्ड करने के लिए आपको ITR 3 या ITR 4 का उपयोग करना होगा, जो कि व्यवसाय और प्रोफेशन की आय के लिए होते हैं।

[@lucifersamaelmorningstar1]

Income 7 lakhs above ko hi tax lagega as per new regime... Aur agar income hua hi nahi ho aur loss me ho toh kya hoga.. Example turnover 9 lakh Profit 4 lakh loss 5 lakhs In 1 lakh loss Toh isme tax dena padta hai ya sif mere loss carry forward hoga

[@CASumitSharma]

No income No tax Loss can be carried forward by filing ITR before due date

[@richapoddar97]

I am a salaried employee having F&O loss of Rs.4600 and intraday of profit Rs.300 do I need to click yes in"are you required to maintain books of accounts" in audit information while filing itr3?

[@CASumitSharma]

Better to click yee

[@Rahulkumar-yj3po]

best video on F&O

[@CASumitSharma]

Thank you

[@PushprajVermaVlogs]

Mai sallry person hu me, meri wife house wife Hain jiska dmat account main handle karta hai mere sallry ka paisa wife aacount me transfer kar ke long term and short term investment karta hu short term me 10k to 20 k profit hota hai to keya mujhe ITR file krna padega or jo main apni wife ke account me paisa transfer me raha wo kaise show hoga wife ke income ya gift, detail me bataye .

[@CASumitSharma]

Gift k case me clubbing k provisions lagu honge

[@sriganeshh]

Tax Audit - is it necessary if turnover is less than 2 crore & loss is just little fraction abv 6%...? 2. Can we interpret the words exemption limit as applicable for this business? Though overall the person may have other incomes like salary etc

[@CASumitSharma]

If digital turnover then not required otherwise required

[@Ajay7729]

👋👋👋 Thanks sir for details knowledge, GOD BLESS YOU SIR, THANKS AGAIN AND AGAIN

[@CASumitSharma]

Best wishes

[@rajatbarthwal9858]

balane sheet mai, stock investment kos value present date ki dalni hai ki 31-03-2023? Aur hm mobile phone as an asset show krr skte hai? kyunki mobile to hm personal use bhi krr re hai

[@CASumitSharma]

Your wish Investment amount

[@rajatbarthwal9858]

@@CASumitSharma thankyou Investment value aj ki date ki dalni hai? ki 31-03-2023 tareek ki?

[@AnilPeriwal]

Kya. Short term gain. Future. Option. Sey. Setoff. Ho jata hai???

[@CASumitSharma]

STCG की हानि को F&O के मुनाफे से सेट-ऑफ नहीं किया जा सकता है, क्योंकि दोनों आय के अलग-अलग प्रकार हैं (STCG = कैपिटल गेन, F&O = बिजनेस इनकम)। इसी तरह, F&O की हानि को शॉर्ट टर्म कैपिटल गेन से नहीं समायोजित किया जा सकता। अगर आपके पास दोनों प्रकार की इनकम या हानि है, तो हर श्रेणी के नियमों का पालन करते हुए अलग-अलग सेट-ऑफ करना होगा।

[@RMANDLOI]

Great sir, thanks for this type of helpful vedios.

[@CASumitSharma]

Happy to help

[@shuvame5162]

I have an F&O loss of 12.5L & turnover is around 58L, whether an audit is required for that or not. Please suggest. Thanks

[@CASumitSharma]

No

[@shuvame5162]

@@CASumitSharma thanks, but I have been told that "If presumptive taxation is opted in the past then tax audit is mandatory" Is that right?

[@ROHAN-ep9hk]

Maine intraday me 7 se 8 transaction kiye the jisse mujhe total 45000 ka profit hua hai . Ab mujhe ITR 2 fill karna chahiye ya fir ITR 3?

[@CASumitSharma]

3 You can take our professional services 8875042000 8875242000

[@munishraina8468]

Best explanation sir ...sir virtual currency kis schedule me show kre plz guide

[@CASumitSharma]

VDA

[@kishorbodkhe1255]

very nice explained sir ji

[@CASumitSharma]

Thank you

[@venkatesha1145]

Super information given..what is the fees charged by you for filling itr3?

[@CASumitSharma]

Thank you We will be happy to Provide you our professional services 8875042000 (Call & WhatsApp) 8875242000 (Calling) 9694842000 (Calling)

[@immortal6320]

I have only 500 rs profit from intra day (just tried 4-5 trades) and 24k profit from short-term capital gain from stocks (delivery). Do i have to file itr 3? Can i proceed with itr 2

[@CASumitSharma]

ITR 2 can be filed

[@immortal6320]

Also where should I put my arrears 10E details in ITR2. in ITR 1 it is available in tax liability. But unable to find in ITR 2

[@PraveenKumar-zy5cr]

Sir, one doubt. Can I claim STT charged while buying stocks from F&O income as STT cannot be claimed from capital gains. Please help

[@CASumitSharma]

The proportion of FnO can be claimed

[@Dharam1313]

Very good information Sumit ji

[@CASumitSharma]

Thank you ji

[@Singh-jp7zp]

fno m intraday Kiya tha same day pe quickly buy sell no overnight position so Ab loss normal non taxable income se set off ho ja reha hai I want ki meri future fno income ke sath loss set off ho how to carry forward Kya mai isko intraday mai dikha skta hoon Then voh uske sath hi set off hoga

[@CASumitSharma]

Depend on system calculation

[@ashas4680]

I am from kerala very useful video, muche doubt he ki aap drawings kaise calculate kiya

[@CASumitSharma]

Idea According to your personal expenses

[@understandthewordsfeelthes3036]

Koi F&O me trading kar raha hoi aur Book of Account Maintain nai kar raha ho to kya ye person without Books of Account F&O ko trading ki income ITR-3 me dikhakar file kar sakta hai?

[@CASumitSharma]

Yes

[@understandthewordsfeelthes3036]

@@CASumitSharma kya kalo ITR-2 k under without books of Account (Equity STCG) and F&O ka loss ek sathe dikha sakte hai? Please reply

[@mujibkhan-b9l]

Sir, If property buyer give chqs to seller in his name without crissing the chq ac payee only and he tooķ cash from bank. Any probmem for buyer? Chq details mentiined in registry

[@CASumitSharma]

Problem to cash receiver

[@karanmalde1376]

Only ipo mein lagata hu aur profit hone par bech deta hu tho stcg as business income dikha sakte hain kiya?

[@CASumitSharma]

Yes

[@karanmalde1376]

Thank you sir

[@harshsodhani]

pls guide if I am having business income and filling ITR under 44ad....and now this year having 12k FNO loss also... Can I adjust FNO loss from my other business income without going through Tax audit.... FNO turnover less than 1cr...

[@CASumitSharma]

Yes

[@Cuptures_moments]

Sir 3lakh k andar income ho toh share buy or intraday stgc mea itr 3 varke tax dena padta hai

[@CASumitSharma]

No

[@dayanandbilla3526]

Sir, two years back in made loss in F&O but iam not filed ITR. My year salary 1.5 Lakh. Please suggest, it be will face problem in future.

[@CASumitSharma]

No problem

[@dayanandbilla3526]

@@CASumitSharma Thank you Sir.

[@deekshamishra2929]

Sir, from which section we can refer to know which expenses allow or not as per income tax act under intraday and f&o income

[@CASumitSharma]

Expense which are exclusively incorrect to earn FnO Income cam be claimed

[@deekshamishra2929]

@@CASumitSharma could you please mention the section of that particular Act

[@CASumitSharma]

Specific Sections: Sections 30 to 36 cover specific types of expenses. General Expenses: Section 37(1) covers general business expenses not specified in other sections. Non-Deductible Expenses: Sections 40 and 40A specify expenses that are not deductible.

[@deekshamishra2929]

@@CASumitSharma thank you sir

[@arvindersinghbhatia8983]

How to connect you for ITR filing for the A.Y 2023-2024

[@CASumitSharma]

We will be happy to Provide you our professional services 8875042000 (Call & WhatsApp) 8875242000 (Calling) 9694842000 (Calling)

[@shivajikale_energytech846]

is it mandatory to show the equity loss in means negative STG and LTG under schedule 112A

[@CASumitSharma]

Yes

[@shivajikale_energytech846]

@@CASumitSharma BUT MERE 10-15 SHARES HAIN AUR UNKA ISN NUMBER KAHA SE AAYEGA..ALSO I DON'T KNOW WHEN I HAVE PURCHASE THEN

[@TaxSolution-tn3gv]

Great video 🎉

[@CASumitSharma]

Thank you 😁

[@Dorudada]

how to show LTCG and STCG in business head as if i show in STCG and LTGG some tax libility will come but total income is coming 4.8 lakhs so if i show that equity profit also in business head then where to show?

[@CASumitSharma]

ICAI Direct Taxes GPT 80ggc deduction me IFSC code kiska dalna hai GPT Section 80GGC of the Income-tax Act, 1961 provides deductions for contributions to political parties. For claiming this deduction, the IFSC code that needs to be provided would be that of the political party to which the contribution is made. This ensures the proper tracing and validation of the contribution through the banking channel. For further details, the deduction guidelines and procedural requirements under Section 80GGC can be found in the ICAI Guidance Notes and relevant tax audit materials. Can udyam registration re register once cancelled GPT Yes, once Udyam registration is cancelled, it can be re-registered. The re-registration process involves applying for a new Udyam registration using the Udyam Registration Portal by providing the necessary details and documentation again. This is similar to the initial registration process. It is important to ensure that the reasons for the previous cancellation are addressed before reapplying to avoid any issues during re-registration. LTCG STCG in business head GPT Long-term capital gains (LTCG) and short-term capital gains (STCG) generally fall under the head "Capital Gains" and not under the head "Profits and Gains of Business or Profession" unless specific conditions are met. The distinction depends on the nature of the transaction: Investment Purpose: If the shares or securities are held for investment purposes, the gains (LTCG or STCG) are taxed under "Capital Gains." Trading Purpose: If the shares or securities are held as stock-in-trade and traded frequently, the gains are considered business income and taxed under "Profits and Gains of Business or Profession." CBDT has issued various circulars to help distinguish between these purposes based on the facts and circumstances of each case.

[@RamRamsitaramhanuman]

Sir govt job + option trading ke liye konsi itr fill krni chaiye Itr 2 ya itr 3

[@CASumitSharma]

3

[@rak1986]

If I don’t have Passport or TIN then can I use PAN while filling schedule FSI?

[@CASumitSharma]

You may try

[@sdchaturvedi6528]

sir namaskar. How to make balance sheet to compile data before start filing ITR3.

[@CASumitSharma]

Just put the figures in required place Alternatively you can take our professional services You can take our professional services 8875042000 8875242000

[@sdchaturvedi6528]

@@CASumitSharma I have loss in Option trading. what r charges for filing ITR3.

[@umeshpadvi6637]

Superb video for ITR 3👌👍🙏

[@CASumitSharma]

Thank you 😊

[@gopalch4170]

Sir balance sheet only not understood. Remaining and all ok. How to prepare balance sheet? Any video or link to learn from it

[@CASumitSharma]

Assets and liabilities need to mention

[@ravindraprasad7537]

Sir, mujhe itr3 file karwana hai or audit bhi karwana hai f&o ,,ltcg,stcg What are the charges of filling itr3

[@CASumitSharma]

We will be happy to Provide you our professional services 8875042000 (Call & WhatsApp) 8875242000 (Calling) 9694842000 (Calling)

[@nilpaparekh562]

Mera l.y ka return 44AD mein bhara hain to muje c.y. mein 44AD lena pdega na? C.y.mein only F&O ki income hi hain only..no other income..

[@CASumitSharma]

Both options you have

[@shuvame5162]

Nice information. Need to fill ITR 3 for F&O with your help!

[@CASumitSharma]

Call us 8875042000

[@prakashsurya9082]

Very Informative ..can i get balance sheet excel format .

[@CASumitSharma]

t.me/sumitsharma_ca/170

[@prakashkalaiarasan7187]

THANKING YOU .

[@CASumitSharma]

Most welcome

[@satishbrar9643]

Sharma ji thankyou very much for best information

[@CASumitSharma]

Happy to help Brar Saab

[@amitsinghrajput3515]

Respect Sir, I am a salaried person and i did intraday transaction and my intraday turnover is 57000 and loss is 18900. Then Audit is required or not and what should i do.. please guide

[@CASumitSharma]

Audit not required

[@ksheet08]

Sir, i am a salaried employee. Last FY i hv started trading. In which I got loss -72rs(buy value 313.75 and sell value 242) on STCG and in F&O loss -3942(buy value 130010 & sell value 126068) turnover is 32814. AIS shows only STCG amounts. Now my query -- may I fill ITR-1 bcz i don't want to carry forward my loss Or Is it mandetory to file ITR-3?? PLS help me??

[@CASumitSharma]

Yes

[@ksheet08]

@@CASumitSharma which one sir, ITR-1 or ITR-3

[@Sahil-kb6qq]

Mutual fund ki income kaha leni ha sir? And salaried employee ha agr to usse jo apne starting me trading account me lia tha vo bhi lene ki jarurt ha ?

[@CASumitSharma]

STCG LTCG

[@Sahil-kb6qq]

Sir F and O income bhi ha.. maine bhrkr dekhi return total f&o se loss mujhe 167000 tha and intraday se 3000. Mujhe interest income 47000 and stcg 45000 around ha LTCG kuch nahi ha… slary income 330000 li ha standard deduction 50000. To mera next year kina loss carried forward hoga?

[@Sahil-kb6qq]

@@CASumitSharma mutual fiund se mene 50000 total redeem krvaya tha.. and AIS me mera 50000 hi show karra ha and AIS me sales from security 22lakh around show karra ha jabki itna ha nahi uska kya krna h?

[@xbeetals]

good video bhai. pls tell can we include stt and ctt as expenditure in fno non speculative { commodity }?

[@CASumitSharma]

Can take

[@MayankGotugade]

sir Agar hame Options mein 2024 APRIL MONTH MEIN LOSS HUA HAI 2 months ago toh kya voh hame next year show karna hai ????????

[@CASumitSharma]

After March 25

[@rimadas2296]

Sir, I HAVE LOSS IN INTRADAY(RS.409)AND FNO (RS, 297). I AM A SALARIRD PERSON AND HAVE STCG PROFIT AND DIVIDEND INCOME. I Don't WANT TO CARRY FORWARD LOSS. WHICH ITR SHOULD I FILE? IF FILE ITR3, CAN I SHOW ZERO IN PROFIT SECTION OF INTRADAY AND FNO? PLS SUGGEST...

[@CASumitSharma]

Yes

[@rimadas2296]

@@CASumitSharma Sir, Pls explain in detail if possible.

[@lavinajangra3607]

Sir business income ke sath f&o loss kse show krna h p&l mei? Plzz guide 🙏🏻

[@CASumitSharma]

Show 2 different business

[@lavinajangra3607]

@@CASumitSharma Thank u sir🙏🏻😊

[@kaushalpareek8853]

Equity trading bhi hai or f&o bhi hai to konsa form lena chahiye

[@CASumitSharma]

3

[@Sahil-kb6qq]

Sir salaried person ko balancesheet vala part karna jaruri ha??? Jiski main income salary ho aur secondary income f&o intraday and short term trading ho?😊

[@CASumitSharma]

In ITR 3 better to maintain balance sheet

[@Sahil-kb6qq]

Sir losses ka smjh ni ara jo apne trading account se uthaya 19kuch ka.. vo chij clear. Nahi hui ki balance sheet me kaise leni ha

[@akt-x5q]

SIR PLZ help me . Aaj last date hai. 31st march ki account balance and Investment Balance sheet me show krun. Ya aaj 31st july ki

[@akt-x5q]

31st March ki details milna to bahut hi mushkil hai sir..

[@CASumitSharma]

Krdo

[@emperorxgaming110]

Sir can we setoff and carry forward f&O losses in new tax regime?

[@CASumitSharma]

Yes

[@debojyotidebnath4703]

Sir, Zerodha mein jo tax pnl ka report hai us mein equity sheet mein sab expenses ko ek saath zerodha dikha ta hai jisme Intraday, Short term, Long term sab ek saat hota hai . Hum kya un sab ka total ko other expenses ke category men dikha sakte hai?

[@CASumitSharma]

Na Alag alag lene honge

[@debojyotidebnath4703]

@@CASumitSharma Thank u sir 😀

[@ParveenKumar-md7du]

If turnover is less than 250000 then book of account and balance sheet mandatory?

[@CASumitSharma]

Better to maintain