F&O Trading Plan

ClearTax taps into its Expertnetwork and puts you in touch with a qualified CA. These Expert's bring a combined experience of 40 years in foreign taxation

Turnover for Future and Options is the absolute value of each Profit and Loss trade during the year. For example, if you have a Profit of Rs.1000 and Loss of ?500 from F&O, the turnover is ?1,500.

Apart from regular documents and the tax audit report you would require Class 2 Digital Signature for submitting your tax return.

Short Term and Long Term Capital Gains form part of Income under the Head Capital Gains while trading in intra-day markets, F&O, Commodity, etc. fall under Income from Business and Profession

Losses from shares in speculation business can be carried forward for 4 years, while all the other losses can be carried forward for 8 years provided the tax return is filed within the due date of the original tax retrun

Yes, you will need to provide login creditials so that the Expertcan upload the audit report.

Please note that when a taxpayer files their returns on Cleartax post deadline, the penalty, which can be up to Rs.5,000, has to be borne by the taxpayer. Cleartax will not be responsible for the penalty that you are liable to pay to ITD.

Please note that when a taxpayer files their belated returns on Cleartax, the penalty, which can be up to Rs.5,000, has to be borne by the taxpayer. Cleartax will not be responsible for the penalty that you are liable to pay to ITD.