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Taxation of Futures and Options transactions is most confusing with more myths prevalent that facts ! (1/9)
#ThingsToRememberThisTaxSeason
@TaxBuddy1
#ThingsToRememberThisTaxSeason
@TaxBuddy1
In case of a loss, you may not need to pay tax, but still you have to file an income tax return.
It has major benefit. You can carry forward the loss to next year. (2/9)
#ThingsToRememberThisTaxSeason
@TaxBuddy1
It has major benefit. You can carry forward the loss to next year. (2/9)
#ThingsToRememberThisTaxSeason
@TaxBuddy1
Income earned in F&O trading is treated as normal business income. Therefore, a basic exemption limit is available to individuals. (3/9)
#ThingsToRememberThisTaxSeason
@TaxBuddy1
#ThingsToRememberThisTaxSeason
@TaxBuddy1
