How to file ITR for F&O trading for FY 2022-23

The last date to file is 31 July

Let's start. Which ITR you have to select;
ITR 3

So up to 2 cr Turnover you can file ITR under Section 44AD (Presumptive Income)
So the main question how to calculate turnover

So the agreegate of Profit and loss is your Turnover

Finally, I got the 1,00,000 loss amount back from the broker due to their technical fault.

This thread Will tell you What the process is to claim your amount. Recently for a Full day On Dec 5, my broker terminal was not working, even not on call. I have some open positions Due to which I faced loss.

Now You have to do the following:

(1/n) This thread will tell you how you can get a reversal of the "Peak Margin Penalty" from your broker

Recently I got a penalty of a total of 1.5 lakhs In the month of September for all accounts (2/n) Firstly understand when you got a peak margin penalty

- If you square off the hedge position then it is important to square off the leg of the transaction which has higher margin requirements first.