Very informative and clearly explained with examples.

Great great great👍👏😊 information.... Pura clear ho gaya

very clearly explained...thanks a lot!

Great sir...such a valuable information shared..thanku

Too good very informative .I have seen so many video but this is complete and very precise .God bless you dear .Keep educating people like this .

Very nice explanation of itr with presentation in details. Thanks.

Thanks for sharing this valuable information

Thanks sir for providing useful information

Thanks for the very good advice and inspiring vedio ❤❤❤

Sir thanks for d efforts in educating people

I saw 10+ video but your video is best.

Nice representation🙂

Superb video..👍

Excellent explanation. Pls send video for financial year 2022-23 also

really helpfull...80%....

Awesome

Superb sir

very very nice

VERY NICELY EXPLAINED,THANK YOU BRO,LOT OF THANKS FROM TAMILNADU,WHICH ITR IS TO BE FILED FOR SALARY+F&O LOSS+MUTUAL FUND PROFIT,PLEASE REPLY

Sir video is very helpful. Could you please clarify 5% of what income? if explained this part with examples it would have been more helpful...

Sir, Thank you very much for taking so much time and effort for this explanation. In the case studies, we have assumed total cash transaction of more than 5%. I have two questions: 1. This 5% amount is calculated on Salary only or on (Salary + Turnover from F&O)? 2. I am a salaried person and perform F&O trading. For my personal expenses, I perform UPI or debit card transactions. My total cash withdrawal from ATM or branch is less than 5% of my annual salary. In this case, will the assumption of total cash transaction of more than 5% hold true for me?

Very good information Mera salary.8 lakh F&O me loss hai 6 lakh hai to kya karna sahia

sir in case 4 which type of itr have to file thanks for informative video

Sir subscribed

What do u mean by cash transactions? how to determine if my cash transactions is less than 5%?

Your information is good but contradictory with your previous videos and act: 1) As per my understanding tax audit is applicable only in case he has opt for presumptive taxation scheme if turnover is below 6% or 8% 2) I think 6% is minimum profit u/44AD...If you have more than that then you have to report that profit... Please clarify if I am wrong

In my opinion, if the accounts show a higher profit than 44AD then the higher profits have to be considered

Need help - which section of itr3 need to show income from Infrastructure Investment Trust (InvITs) (got interest and dividend) and what is tax deduction show for same

Sir ITR 2 pe live video with including salary+arrears+mutual fund gain please sir

What does cash transaction mean in this video? And how to determine 5% of cash transaction?

Sir ap regular class start kare gst Or income tax pe

I can use ITR 3 also and use presumptive taxation right?? like i will show 6% profit and get rid of tax audit??? am i correct?

Make video on rental income and f&o trading

Sir case 4 mai kon sa itr form file karenge nd kitna income show krenge

Turnover kaise calculate krege jo individual less than 2.5lakhs income kama rhe hai and unki >5% cash transaction hai??

Thanks ! one doubt, for the FY 2023-24 if FNO income is more than 6% and turnover is less than 2 Cr, by which date can we file return by presumptive taxation ? can we do in April 2024 ? please clarify, Thanks in advance !

Option turnover 3.5 crore salary 13 lakh yearly loss hi huaa hai. 95 % se jyada hi digitally transaction hai . Kya mujhe audit karwani hogi.please advise. Mujhe kaha ja raha hai ki audit kawani hogi .aap mera doubt clear kar sakte hai. Aapne bahut hi achha video banaya hai.

All details are explained very nicely , except the 5% cash transaction information is not understood and not clear because of which unable to comprehend if Audit is required or not. Video may be ammended accordingly to make understand clearly as what is this 5% cash transactions . FnO activities being 100% digital , 5% cash transactions is very confusing

Sir Maine ITR-2 Income from other Sources ke Winning from Lottery/Games Me 11000 Income dekhai hai.. Jispe 194B me 3400Approx TDS bhi Deducted hua tha... But ITR 2 File Krte time total taxable income under 500000 hone ki wjha se TDS Refundable kr de rha hai Automatically. Sir Kya 194B k TDS Refund milna Chahiye ?? Agr nhi milna chahiye to kaise TDS Unclaimed kru...

Can Income from Futures and Options be treated in Capital Gains

I have income from family pension, rent, f&o, intraday trading ant some some income from other sources. Which itr I have to select? I am very small trader turnover is less than 4 lac. Total income is maximum 14 lac.Kindly suggest what I have to do.

Very informative session - I have query related to 5th scenario - Why government will allow tax on only 9 lakhs when my actual gain is 20 lakhs ? doesn't seems so simple. Can you please clarify.

can a govt. employee do the as per your video? please reply.

if my income is less than 2.5L then i need to have tax audit only if my income is greater than 5% only. correct?

If a pensioner has income of pension as well as income from Agricultural land purchased by him jointly with his one of married daughter and son in law. Then What is detail procedure to file ITR.

I disagree with the opinion that for turnover less than 2 cr and profit less than 6% need to do audit. It is only if the person has filed under 44AD in any of the previous five years. There is no mention of audit in any section of Income tax act if turnover is less than 10 cr and the person has not availed presumtive taxation previously. Pls point us to the relevant section under which you are giving this advise?

How to file ITR3 for Business income plus FnO loss.

sir mujhe f&o trading me loss hai aur mera tax audit hona hai to mere liye tax filing due date kya hai. 31 July or 30sep ?

i had filed itr on cleartax now can i file return with F&O trading losses on incometax portal ?

currency trading ,commodity, n fno both combined ?

Sir can we consider cash transactions less than 5% as all that transactions are online... in that case no tax audit will be required..

Sir if i have two income First business 44ad Second intraday, Which itr form filed, If itr 4 then intraday wala turnover kaise dikhaye means business wale k sath merge.

If my income is below tax limit and option loss rs19000 and turnover is 600000 then what will have to file itr and tax Audi and books of account required to maintain Please reply

Can a govt servent do trade share market Intraday, F and O ? Is it not offence ? isn't he suspended? Please give me information

What if I am overall in loss... Do i still have to mention in itr ?

Sir mai salaried person hu aur intraday trading karta hu aur etf aur mf me invest karta hu aur tax slab me nahi ata hu par trading me nuksan hua hai Jo mere ko future me benefit chahiye to konsa itr bharu salary ka aur F&O ka itr alag alag bharu ya koi ek itr file karu Mera monthly salary 35000 hai

Salary means what salary ? I mean govt officials salary or private company employee salary please clarify

For exaple I made turn over of Re 9cr and made profit of 20lcs , audit is madatory or can i opt

Sir please explain what should I do? salaried person, gross more than 2.5 lakhs and f&o turn over less than 2 cr. What kind of ITR file do I have to do?

Can anyone explain me the 5% cash transaction? What does it mean?

Sir In Current Fiscal Year My Option Trading Turnover Crossed 10Cr Limit In 3Months And Not Yet Profitable. I Will Need To Get My Audit Done. Could You Please Tell Me Approximate Cost Of Getting My Audit Done And Return Filing For My Fno Turnover? If There Any Issue If My Turnover Get Exceeded ?Please Reply If Possible

what about non salaried person. ? which ITR is to be used. I am having only interest income and house rent income

Sir, Yadi, salary 20 lac and F&O me 2 lac loss and short term +long term me 10 lacs ka profit hai to kon sa ITR ? fill krna hai ..

Sir me pvt job karta hu kisi company me or salary bank account me aati he or sath me mene option me trading ki jime muje 80000 ka loss ho gyaa to muje konsi ITR bharni cahiye ITR-1 ya ITR-2??

As I am a government employee, can I trade in NIFTY 50 and NIFTY BANK option chains?

Sir, my salary income is less than 250000, my F&O turnover is 381500 with cash transaction less than 5 percent and there is loss of 181000 then can I file ITR 3 and carry forward the losses or should I file ITR 4 with showing 6 percent profit of turnover.

sir my f&O loss is 10 lakh and salary is 7lakh and digital payment is more than 95% . Should I tax audit.

Sir my sale is 1.15 crore. All sales pertains to trading in share market mostly in future and option. my income is 1.25 lakh. all transaction are online. profit is less than 6%. i may require tax Audit or not.

Aap kah rahe ho ki hum audit se bachna chahte hai to loss bhul jao aur profit pe tax de do to kya jo loss hua hai uska bhavishya me koi fayda nahi hoga. Plz reply

salry with fno loss , it will rejecting when reviewing asking dividend

Pleae also share notes

Meri salary income 3lakh h and STCG 27000 hai.. fno turnover 11 lakh and loss 6500 hai... kya mujhe v tax audit karani padegi

Good Evening If its possible please explian in English also . Deva

Can we file in ITR 2 for salaried person having carry forward F and O losses .

Sir agar bussiness income+ F&O trading h Or F&O m 4000 ka loss h Or bussiness income m 450000 ka profit h th kya audit krwanioadegi?

Sir my my turnover in f/o is 1.35cr net loss 3.10lcs should I go for audit and no other income

Sir please f&o pe turn over kaise nikale

Why there is a need of clarification on cash txn wherein all txn of F&O are digital.

In case profit is more than 6% then higher profit should be shown and cannot be shown at six per cent

Can you please attach the PDF

Maine 6k invest kiya tha 2 saal crypto mai binance se or tora sa profit hua hai kya muje or share market mai option trending mai 5k loss hua hai itr file karna padega please reply 🥺🥺🥺🥺

Regarding Tax Audit, As per section 44AB the threshold limit, for a person carrying on business, is increased from Rs. 1 Crore to Rs. 10 crores in case when cash receipt and payment made during the year do not exceed 5% of total receipt or payment, as the case may be. In other words, more than 95% of business transactions should be done through banking channels. Now my f&o turnover is 1 cr 50 lac and I incurred loss of 4 lac effective , Since I do all transactions online I should not be eligible for tax audit as per above 10 cr clause right? But my CA is going for tax audit. Kindly help to clarify how tax audit is applicable to me if my turnover is below 10 cr and all transactions are online digital? Is there any further clause applied on top of this which makes 10 cr clause void for me?

F&O loss cannot be to setoff for salary income..

Shall we need to show f&o sale and purchase amount in p&l or directly can we directly show loss amount ?

Sir, if net FO profit is 15 lacs and turnover is 20 lacs... May i show 6 percent on 15 lacs i.e. 90000 income only.. pls reply

Sir agr salary income 2.5 lac se kam ho or FO trading 2 crore se jadda ho toh tax audit krana padega kya...ya without tax audit can we file ITR-3

Audit kaha kare ??? Charge???

Kya audit karwane se mujhe fayda hoga

Hi sir, I am a salaried person earning 12LPA and I did some F&O trading with turn over of 1.1 crore and profit of 50k. Should I file ITR 3 and should I do tax audit. please answer this sir.

Apka matlab hai ki bina audit ke hum loss carry forward nai kar sakte par ye mujhe doubt hai

Sir my salary 7 lakh... And stock delivery, intraday, f&o loss 1 lakh..... Konsa itr file karu

file kaise karne h yeh kon batayega

in case of loss in Future & option & Turnover is below 10Cr Then you should file ITR 3 with BOA under Section 44AA But Not Required Audit if last five year you did not opted Section 44AD/ Not filed ITR under Presumptive Scheme

Sir Thank you for your information . Sir I am a salaried person and I have Option profit around Rupees 2000000/- Twenty Lakhs in FY 2023 -2024 . I HAVE ALREADY FILED ITR 3 FOR FY 2022-2024 . PLEASE KINDLY INFORM ME HOW I WILL FILE ITR FOR FY 2023 - 2024 . THANK YOU SIR .

If Assess have a salary income and income from Share trading ( delivery based). In such case which ITR form to used?

सर अगर कोई कुछ दिन f&o me treding करता है, 4 ya 5 हजार ka उसका लॉस ho जाता है फिर वह ट्रेडिंग band kar deta hai to use bhi ITR भरना पड़ेगा भले hi uski टोटल income 2 lakh तक ही है

hello sir. i am business professional working as engineering consultant who files ITR4 under section 44ADA. I have income under 5 lakh. i do option trading and had a loss of 1 lakh in last financial year with turnover of around 13 lakh. do i fall under tax audit ?

Behtar hota agar itr explain kr diye hote sir aap 🤷‍♂️

I'm a salaried person and did f and o transaction with turnover of 45lakhs and incurred a loss of 75 thousand, can I carry forward this loss without audit? Can anybody confirm

Sir, I need your assistance. It is extremely urgent! My f&o loss is only 6,000k, but my CA is requesting 22,00k in tax since he claims you must pay 6% of turnover. Please, could you assist me with this?