In ur explanation where ever you mentioned turnover (turnover limit in tax audit, turnover in 44ad etc) whether does it mean absolute turnover or actual turnover????
In case filing ITR 3. turnover is below threshold limit of Audit but I had incurred losses in F&O. So to report this loss I have to go for Audit or not?
Mam FnO ke sath Capital gain ho to use kaise treat karenge ....??? Kya usme bhi Audit ka option milega.... Agar cash position mai limit more than 10 cr above chali jaati h to..... Kya hamare jo expenses h vo sb bhi show kr skte h. .ya hame iske liye alag se company ko registerd krke dikhana hota hai ...plz advice
Why f&O transaction are not reflecting in AIS as per my observation only shares and mutual funds sales & purchase are showing in AIS & TIS. If anyone has seen F&O in AIS then please share. Thankyou
I earn from STCG, LTCG, Intraday, FNO in stock market. Should I fill the balance sheet? If yes, then the turnover limit for audit will be sum of all 4 segments or only Intraday and FNO. Same profit and loss of all 4 segments or only Intraday and FNO has to be shown in the balance sheet. Any detailed video on this? Please guide
Mam previous financial year mai 44AD opt kiya tha.... ..... Par es financial year mai 44AD se opt out hua.... Share market ke loss ko dikhna tha esliye itr3 fill kar Diya...... overall turnover ka 9% profit dikhya....... Kiya audit karna hai ????
Ye baat kisko nahi batani chahiye , varna client ne transaction ki hogi to bhi aapko nahi bataega ; client ketheta he usme kuch jyada transaction nahi hain aur jab dekhte hain to 5000000 ki transactions hoti hain
Mam previous financial year mai 44AD opt kiya tha.... ..... Par es financial year mai 44AD se opt out hua.... Share market ke loss ko dikhna tha esliye itr3 fill kar Diya...... overall turnover ka 9% profit@@CAGuruJi
Madam Mera options trading me 2024 June July ka 4.85 lakh ka loss h na meri madam ki salary aati h or na hi koi business h meri wife ka demat account h jo house wife h turnover lagbhag 5cr. Se 7cr. H kya m itr file kru or knha kru demat account band krne ki bhi soch rha hu
Mam under new tax regime, can we take deduction of employer PF contribution & broadband reimbursement in case of work from home. If yes, where can we mention both as getting no option in ITR 1 form.
Mam, case is person filing under 44ada for last 7 years , now also had fno loss 2 lac and turnover around 5 lakh from fno , 44ada turnover around 7-8 lakh - profit around 4 lakh,, normal itr -3 me shift krna chahiye agr next 5 yrs tak normal itr-3 me file kre to??
Itr 4 main u/s. 44AD mai F&O ko kaha par show karenge, business kai sath main hi extra income generate karne kai liye F&O share main lage thai dono ko ek sath business plus trading ko 44AD ITR 4 main show kar sakte ?
Mam miscellaneous payment mein credit card so ho rha h koun section mein dikhaye jb 10lakh se jada amount dikhaye AIS report mein| please tell me mam mein ITR 3 bhr rha hu share market mein trading ki bhj se btaye mam 🙏🙏🙏🙏
Mam previous financial year mai 44AD opt kiya tha.... ..... Par es financial year mai 44AD se opt out hua.... Share market ke loss ko dikhna tha esliye itr3 fill kar Diya...... overall turnover ka 9% profit.... Aduit karna parega ki nahi ??????
If i filed previous year (AY 2023-24)ITR in 44AD and in that I have earned, and this year (AY 2024-25) I make loss so if I file ITR 3 with maintaining books of accounts then will there be any kind of issues . Also previous year I have filed my First return.
Hello Madam! I have a doubt sale of equity share is a sale of goods or sale of services. In itr form3 where we shows sale of equity share in profit and loss.
I am am individual employee and I did FNO this year with turnover of 2.5 lakh and loss of 50k. Is audit mandatory to file ITR3? (I think we can offset this loss with bank interest & dividends etc but is audit required?)
@@CAGuruJiMam previous financial year mai 44AD opt kiya tha.... ..... Par es financial year mai 44AD se opt out hua.... Share market ke loss ko dikhna tha esliye itr3 fill kar Diya...... overall turnover ka 9% profit dikhaya..... Any aduit required ???
Mam mera tds section 194h 194a194s ke under deducted hua hai maine itr-4 file Kiya tha lekin defactiv notice aa gya hai kon sa itr file Karu please reply ...
My fno Loss tota 1.Lakh 30 thousand isme profit huya 2.72 lakh or loss huya 394000 total + or - karke hath main aya 1.30 lakh ka loss ,a sab main ne 1 april 2024 se lekar 24 july 2024 ke bich main huya to mam mujhe kya Itr fill karna padeya or nahi agar mIn itr fill na karu to kya koi dikat aa sakti hain kya
maine mere shares wife ko transfer kiye hai as a gift..lekin uska profit show ho raha hai mere demat P&L statement mein.. kya mujhe woh profit CG mein show karna hai?
Mam mera loss hai F&O me, or mera other business b hai jo mai 44AD me dikta hu kya mai dono business ITR-3 me dikha sakata hu alag alag ya ITR-4 he continue karna pare ga???
Mam ek bat puchna tha agar marginal trading fund pe interest paid karte hai to kya ITR me show kar sakte hai Margin trading fund intraday me use kara hai
Ma'am apne kaha 40000 profit 30000 loss and 40000 profit so absolute value is rs 110000 turnover But u did not say about profit Profit is 50000 actual Is this correct or not
call at 9150010300 Paid services (Team legal Sahayak)
Read More: taxupdates.cagurujiclasses.com/how-to-treat-futures-options-in-income-tax-fo-turnover-calculation-itr-audit-44ad-loss-treatment/
NIl ITR filing: ua-cam.com/video/Qp864EWhpU0/v-deo.html
ITR 1: ua-cam.com/video/n1ii9_7VPko/v-deo.html
ITR 2: ua-cam.com/video/5YaUO7QtNe0/v-deo.html
ITR 4: ua-cam.com/video/lzcqvqdNZ80/v-deo.html
ITR 3: youtu.be/LzlACtoCg
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Madam your explanation is very good, thanks
THANKS A LOT CA GURU JI
Great CA Guruji very very happy Thanksgiving you, your team
Very informative for me. 👍
Pooja Mam u r amazing...u r the best ⭐⭐⭐⭐⭐⭐⭐⭐
Thanx a lot for this video
Thank you so much sister' ❤
In ur explanation where ever you mentioned turnover (turnover limit in tax audit, turnover in 44ad etc) whether does it mean absolute turnover or actual turnover????
Superb explanation ma'am Tq..
Vhh mja aa gya kitne saste stocks mil gye khoob khreedenge bhr bhr kr 😀😀😀Nifty next target 26500
Madam your explanation is very good ,but you should have mentioned new vs old tax regime ,new opt karenge to deduction applicable hoga kaya ??
❤❤❤thanks for the very good advice mam 👍 ❤❤
Thank you mam
mam what i can include under capital gain in stcg and ltcg
Superb Explanation
Mam how to show purchase value in option trading?
In case filing ITR 3. turnover is below threshold limit of Audit but I had incurred losses in F&O. So to report this loss I have to go for Audit or not?
Thanks mam for this very useful video
Very useful information
What about loss on borrowed money ??? Should i filed itr
Do you have a course only for Futures and Options?
What is the difference between Futures and Options?
If I do Audit for F&O Loss, to carry forward such loss. Then the due date of ITR should be 30 September or 31st July?
July 31 st
For audit it is 30th Sept
30 sept
30 September
Agar fno me trad karta hu aur maine employee rakh rakha hai tho uska expense claim kar sakte hai kya.
Please make one vide on INTRA DAY loss too for filing ITR
thank uh mam..! ❤
Mam FnO ke sath Capital gain ho to use kaise treat karenge ....??? Kya usme bhi Audit ka option milega.... Agar cash position mai limit more than 10 cr above chali jaati h to.....
Kya hamare jo expenses h vo sb bhi show kr skte h. .ya hame iske liye alag se company ko registerd krke dikhana hota hai ...plz advice
Madam 1sal me agar option trading mein 5 lakh profit hua to kitna income tax lagega
minor income itr filing video
GSRTC me job karte ho aor f&o me loss kiya ho to kaunsi itr bharani padegi?
Why f&O transaction are not reflecting in AIS as per my observation only shares and mutual funds sales & purchase are showing in AIS & TIS. If anyone has seen F&O in AIS then please share. Thankyou
FnO transactions AIS mein nhi ata..yeh galat bata rahi ha
I earn from STCG, LTCG, Intraday, FNO in stock market. Should I fill the balance sheet? If yes, then the turnover limit for audit will be sum of all 4 segments or only Intraday and FNO. Same profit and loss of all 4 segments or only Intraday and FNO has to be shown in the balance sheet. Any detailed video on this? Please guide
Do u have loss in F&O ??
Mam ek vedio 10e pr bhi bna do
Audit kitne turnover per karna Patta he 2023-24 me
Intraday+short term capital gain in equity share which ITR to be filled?
ITR 3
@@CAGuruJi thank you madam
Good video
Hi madam
My turover is 3 Cr and loss is 5 lakh. I am salaried person. Audit is required?
Madam i am doing f&o but fill ITR 2 . now what happened
Maine 90k se f/O kia ab total 10k profit hai baki sb loss , to mjhe bhi itr krna hoga ? .
I m a student and just do FandO trading with no otger income. My F&O income is less than 2,50,000. Do i need to file income tax return
FnO case loss 60k
ITR3 44AA Yes selected
Audit 44AB Not selected
Whether right field or not
Pls suggest
Wrong
Loss hai
Books yes ki toh
Audit bhi yes hona
Mam previous financial year mai 44AD opt kiya tha.... ..... Par es financial year mai 44AD se opt out hua.... Share market ke loss ko dikhna tha esliye itr3 fill kar Diya...... overall turnover ka 9% profit dikhya....... Kiya audit karna hai ????
Mam FNO turnover calculation to check 44ab tax audit is different and to report in 44ad presumtive is different?????
F&O and intraday ki transaction AIS me nahi aati mam
Ye baat kisko nahi batani chahiye , varna client ne transaction ki hogi to bhi aapko nahi bataega ; client ketheta he usme kuch jyada transaction nahi hain aur jab dekhte hain to 5000000 ki transactions hoti hain
Salary + fno intraday loss ko itr 3 me filled kaise kre
Ma'am - 44AD says gross receipts - F&O has very high gross receipts whereas turnover is low.
HOw should we approach
where it is written?
Mam previous financial year mai 44AD opt kiya tha.... ..... Par es financial year mai 44AD se opt out hua.... Share market ke loss ko dikhna tha esliye itr3 fill kar Diya...... overall turnover ka 9% profit@@CAGuruJi
Plz replay me
@@CAGuruJi shown E1 gross turnover or gross receipts on top of presumption income option choose
Agar total profit 3 lahk se kam hai toh bhi short term gain me 20% tax lagega
Mam mera equity ltcg me profit 2.5 lakh tak h..mujhe kya income tax bharna chahiye ..meri koi other income nhi h..plz Bata de
Under 44ad whether income of 6% is declared on absolute turnover or actual turnover????
Income declared on actual income
Loss hte hue bhi iss baar profits dikhaye audit se bachne ke liye
is audit compulsory in f&o in case of loss?
No, Upto 10 cr no tax audit, assume you have no other income.
Madam Mera options trading me 2024 June July ka 4.85 lakh ka loss h na meri madam ki salary aati h or na hi koi business h meri wife ka demat account h jo house wife h turnover lagbhag 5cr. Se 7cr. H kya m itr file kru or knha kru demat account band krne ki bhi soch rha hu
Bhai audit karava padega or notice bhi aa sakta hai
Itr 4 me business code same ragega?
Juwa Aaj Tak kisi ka nahi huwa
Intraday option trading is just like Juwa
Jis ank pr market khulta hai usi ank pr call v put dono buy kren
F&O trader books of account, P&L account kaise banaye , please ek video banaye, sabhi F&O trader ko fayeda milega.
F&O loss hai kya ??
@@Zia2703 agar loss hai toh ?
Mam under new tax regime, can we take deduction of employer PF contribution & broadband reimbursement in case of work from home. If yes, where can we mention both as getting no option in ITR 1 form.
No
No
Mam, case is person filing under 44ada for last 7 years , now also had fno loss 2 lac and turnover around 5 lakh from fno , 44ada turnover around 7-8 lakh - profit around 4 lakh,, normal itr -3 me shift krna chahiye agr next 5 yrs tak normal itr-3 me file kre to??
Fno Turnover came from all sum of profit and loss from all fno trades
Or has to file in both 44ada for professional and 44ad for fno loss
Agar hamara turn over 20 lakh ke under hai tabi bhi itr bharna padta hai kya
Mam i govt employ 23- 24 year ka f&o 2lack loss huva which section mey itr file karna itr 1 or itr 3 and loss ko carry forward karsakta ?
if loss is 12 lakhs and Turnover is 55 lakhs, Do i need Audit??
No
Yeh sab drama sirf India mai hi hai. 👋
Itr 4 main u/s. 44AD mai F&O ko kaha par show karenge, business kai sath main hi extra income generate karne kai liye F&O share main lage thai dono ko ek sath business plus trading ko 44AD ITR 4 main show kar sakte ?
मैडम अगर f &o में 25k का प्रॉफिट है और सैलरी भी 3लाख ही है ,तो टैक्सेबल इनकम तो है नही ,तो इस केस में भी itr file करना जरूरी है क्या?
Apki team itr bharti hei kya
call at 9150010300 paid services (Team Legal Sahayak)
Mam miscellaneous payment mein credit card so ho rha h koun section mein dikhaye jb 10lakh se jada amount dikhaye AIS report mein| please tell me mam mein ITR 3 bhr rha hu share market mein trading ki bhj se btaye mam 🙏🙏🙏🙏
Ignore credit card
Mam previous financial year mai 44AD opt kiya tha.... ..... Par es financial year mai 44AD se opt out hua.... Share market ke loss ko dikhna tha esliye itr3 fill kar Diya...... overall turnover ka 9% profit.... Aduit karna parega ki nahi ??????
F&O KAY LOSS KO CAPITAL GAIN KAY PROFIT SAY ADJUST KAR SAKTAY HAI KYA SAME FINANCIAL YEAR MAY
No
No
If i filed previous year (AY 2023-24)ITR in 44AD and in that I have earned, and this year (AY 2024-25) I make loss so if I file ITR 3 with maintaining books of accounts then will there be any kind of issues . Also previous year I have filed my First return.
Mam agar F&O me loss hai to fir kya 44AD opt kar sakte hai kya?
No
Loss show ke liye audit karana padega
Aur books of accounts pl & bs
@@Zia2703can we do so ? Having f&o loss - show as normal one and to comply with 44ad show some amount of other income under 44AD??!
@@nilpaparekh562 ha
Ipo allot hone pe AIS report me cost of acqisition 00.00 q rhta h
Jiski wjah se profit jyada aa ja rha h
Mam iti kab bharna chahiye
Ma'am, mare Bank account pe mare Papa ke 6lakh money hai ager mai trading suru karu tho Iss amount pe tax related koi dikkat tho nahi Ayaga?
Hello Madam! I have a doubt sale of equity share is a sale of goods or sale of services. In itr form3 where we shows sale of equity share in profit and loss.
iii Other operating revenues (specify nature and amount)
Mam apka team itr bharti hai kiya
Mam if ,I am student and profit is 15000 na. Turnover is 46000 then I am liable for i.t.r and. My no another income
My turnover is 50 lakh in f&o and loss is 80000 still my CA is asking for audit. Please reply
Koi solution Mila kya ??
@@prince-of-saiyan no
Not required Audit
Need contact details for itr filing
I am am individual employee and I did FNO this year with turnover of 2.5 lakh and loss of 50k. Is audit mandatory to file ITR3? (I think we can offset this loss with bank interest & dividends etc but is audit required?)
If year turnover greater than 10cr than audit liable
44ad. More than 3 cr
Ma'am crypto ki tax ke bare m btye
30%
30% flat tax on crypto gain
f&o loss declare kr skte h kya ITR 3 me without audit
kar sakte hain agar kabhi 44AD opt nahi kiya hai toh
@@CAGuruJi Thank you so much for the reply.
I have learnt a lot from your video.
@@CAGuruJiMam previous financial year mai 44AD opt kiya tha.... ..... Par es financial year mai 44AD se opt out hua.... Share market ke loss ko dikhna tha esliye itr3 fill kar Diya...... overall turnover ka 9% profit dikhaya..... Any aduit required ???
@@CAGuruJi
Can we do so ? Reporting F&O loss in normal way and disclose some other income under 44AD to comply 5yr rule..
Mam please reply... Agar humara form 16 new tax regime se mila h To hum apna itr file old tax regime se kar sakte hain?
Yes
Yes
Mam mera tds section 194h 194a194s ke under deducted hua hai maine itr-4 file Kiya tha lekin defactiv notice aa gya hai kon sa itr file Karu please reply ...
My fno Loss tota 1.Lakh 30 thousand isme profit huya 2.72 lakh or loss huya 394000 total + or - karke hath main aya 1.30 lakh ka loss ,a sab main ne 1 april 2024 se lekar 24 july 2024 ke bich main huya to mam mujhe kya Itr fill karna padeya or nahi agar mIn itr fill na karu to kya koi dikat aa sakti hain kya
Mam 2019-20 ki demand lgage hai tho notice aya h ki 20k ya 22 k tk tax bhrne ka plz mam btye kaise krna h
2019 ka notice ab ana possible nehi
Madam,
I have Salaried employee but I have 1 Mutual fund of Rs.500/p.m which form shall I submit
maine mere shares wife ko transfer kiye hai as a gift..lekin uska profit show ho raha hai mere demat P&L statement mein.. kya mujhe woh profit CG mein show karna hai?
Mam mera loss hai F&O me, or mera other business b hai jo mai 44AD me dikta hu kya mai dono business ITR-3 me dikha sakata hu alag alag ya ITR-4 he continue karna pare ga???
Same issue with me. What I am doing right now
Maine gaming platform se 15L winning ki hai or 30% TDS already bhar chuka hu kya mujhe or 30% income tax bharna padega please koi reply kar dena
Jab aap income tax filling karoge jab aapka tax TDS se setoff ho jaiga tax nahe Dena hoga
@@amanthakur6736 agar mai ITR file na karu to koi dikkat hogi kyunki me tax to de chuka ITR file karna jaruri hai
Meri wife silai ka kaam karti hai home se hi. Ye business kahlata hai yaa self employed
business
8:20 slab rate
👍
Mam can I switch from new to old regime while filing revise return before due date
No sir you cannot switch the regime
Mam ek bat puchna tha agar marginal trading fund pe interest paid karte hai to kya ITR me show kar sakte hai
Margin trading fund intraday me use kara hai
Itr tab bhare tau loss wapas kare govt
Fno AIS MN KAHAN AATA HAI
Form 10 E Video
My loss 12 lakh
Ma'am apne kaha 40000 profit 30000 loss and 40000 profit so absolute value is rs 110000 turnover
But u did not say about profit
Profit is 50000 actual
Is this correct or not
I didn't understand anything