Tax Filing for trading in Foreign Stocks

Get your account summary prepared and tax returns filed by ClearTax Experts

6999
₹ 19,999 (65% OFF)
OR

About This Plan

The trader package is designed to ensure maximum Tax Savings for people having trading income. Along with this, it also includes hassle free filing by an expert Expert who knows the nuances of intraday and F&O trading.

Mis-filing or non-filing can lead to unnecessary hassle of having to answer IT notices

Services Covered

Services
Covered

  • Income tax return for individual trading in derivatives
  • Income tax return for individual in intraday trading
  • Consolidation of Trading statements across multiple platforms
  • Prepare Account Summary - P&L and Balance Sheet (up to 100 entries per year)
  • Tax Return preparation & Filing by Experts
  • Business Hours Expert Support - Email and Phone
  • Excludes the Tax audit Fees

Who Should Buy

Who
Should Buy

  • Salaried Individual having income or loss from F&O Trading or intraday equity trading
  • Self Employed traders who have income or loss from F&O Trading or intraday equity trading

How It's Done

This plan is equipped with end-to-end online fulfillment via our expert. No hassle, 100% Digital.

10 days estimate
  • Purchase of Plan
  • Upload documents
  • Review computation sheet
  • Return filed & acknowledgement generated

Documents To Be Submitted

Form 16 from your companyForm 26AS Tax Credit Statement
Trading account statement from your brokerBank statement if interest received is above Rs. 10,000/-
Form 16 from your company
Form 26AS Tax Credit Statement
Trading account statement from your broker
Bank statement if interest received is above Rs. 10,000/-

FAQs

  • 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.

Reviews

No reviews yet. Be the first to write a review.
No reviews yet. Be the first to write a review.
Hi. Thank you for stopping by.

How do you rate our service?

Tax Filing for trading in Foreign Stocks

6999
₹ 19,999 (65% OFF)