Updated Turnover Calculation for Futures and Options | File ITR Correctly ft
In this comprehensive video, we will delve into the recently changed turnover calculation method for futures and options transactions. By understanding and implementing the updated approach, you can accurately calculate turnover, ensuring precise and compliant Income Tax Return (ITR) filing. Stay up-to-date with the latest guidelines and learn the step-by-step process to calculate turnover correctly. Gain valuable insights to optimize your tax planning strategies and navigate the complexities of futures and options trading. Watch now and enhance your financial transparency while maintaining regulatory compliance.
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This video will guide you in below topics
income tax update#turnover calculation#futures and options#turnover calculation for ITR#updated method#file ITR correctly#financial compliance#tax guidelines#futures trading#options trading#income tax return#accurate turnover calculation#ITR filing process#tax obligations#financial compliance tips#tax planning#tax implications#tax regulations#financial transparency#tax compliance#futures and options trading#financial reporting#tax optimization
Пікірлер: 70
bahut hi zayada valuable information provide ki aapne, thank you so much brother
Many thanks for sharing updated TO calculations for F&O
Thanks for such small and important updates
Thank you so much for this video. it helped me to file my return. crisp clear explanation.
Thanks Sir for clarifying the confusion.
Beautifully explained
Thank u so much very informative video
Thats very much useful Info sir
Very informative video
Sir Waiting for ITR-3 Video for Salary, Capital Gains, Dividend, Intraday , F&O Income....🙏🙏
You are perfect Sir. One request and query for you to reply . Does it include same treatment for Currency Future & Options also. OR some other way for that. Hope to have reply from you early.
Very helpful
Thanks
Thank you Sir 🙏
Thank you bro 🙏
very useful video
Excellent sir, waiting for itr3 filing video for fno
How to show Income or loss from Future and Option in ITR - 3 ?
Thanks for such a Crisp Explanation . I have one query .... Is this Guidance Note applicable from A.Y 2023-24 onwards ?. The Guidance note don't mention anything about applicability of the said provisions .
osm sir
Sir ek question hai. Agar hum as a sole proprietor kaam karte hain aur hamara business registered nahi hai. Fir hamare account mein jo payment aati hai usmein se kuch part hum kisi aur ko payment karte hain jisse ki hamara business grow kare as a sole proprietor. Toh tax puri income jo hamare account mein aayi hai uspar lagega yaa jo payment humne doosre ko ki hai wo expense mein dikha sakte hain.
kya sir intra day profit / loss ko capiitakl gain me short term profit mentin kr skte h
Is assessment year m option trading m total profit and loss lena h but mostly CA include sale value+profit+loss hi consider kar rahe h
Very good video
@FinTaxPro
Жыл бұрын
Thanks
Sir tally me inke proper accounting pr bhi video bna do pls bcoz ab tk u tube pr proper video ni h
what will be turnover part if buying and selling price is same, zero or anything else ?
I have income from Normal Business + F&O + Equity Trading Please tell me which video of your is perfect for me
Sir loss ho f and o mai to audit karana jaruri hai kya
sir which amount is to be considered for Gross receipt? if we opt for 44AD, absolute turnover or total sale value?
Sir agr F&O me loss hai toh kya audit krwani mandatory hai?
Thanks sir... Sir ek question hai... Main upstox me option treding karta hu, aur usme abhi old type se turnover show kar Raha hai, jisse mera turnover bahut jyada aa raha hai, sir Mai kya karu? Kaise ise new rule ke according update kare ..? Please help me..
future turnover and options turnover calculation is same method is it correct
againt turnover trade wise and scipt wise me there is huge difference. which one to follow?
thanks so much
Sir itr 6 and 7 ke liye video upload kijiye🙏
Jug Jug JIYO MERE BHAI AWASTHI
Very informative. What about the trades in commodities? Will it be considered speculative or non-spec? The turnover would be calculated the same as the options or what? Thanks in advance!!1
@Professional_trader98
Жыл бұрын
Non speculative Calculate as per options.
@shuvame5162
Жыл бұрын
@@Professional_trader98 thanks
Kya aap ITR bhi file karte h if yes then charges bhi bata den
Sir how to fill it in mcx trading case sir
Bhai ek baat smaj ni aayi... Ye ki... Agr srif absolute value hi lena tha tho unhone (b) vale ko hata kiu ni dia.... What I think is there is sone exception or case where premium received is to be added... Pr vo kia case hoga pata ni. Apko pata ho tho batao
SIR MAINE AY 2022-23 ITR-2 NEW REGIME ME BHARI THI TUB 10IE COMPULSARI NAHI THI TO MAINE FORM 10IE NAHI BHARI. IS SAAL AY 2023-24 MAIN MERI F & O LOSS (AUDIT NAHI HAI), CAPITAL GAIN ,PENSION,FDR INTEREST,DEVIDENT INCOME HAI.JAB ME ITR-3 RETURN FILE KARNE JATA HU TO MUJSE PICHALE SAAL KI FORM 10IE KI DETAILS PUCHHTA HAI TO MAIN KAISE RETURN FILE KARU? PLEASE REPLY.
Then how to arrive at actual profit in itr
In short Future & Options done k lia Turnover calculation method same he hai (Absolute value of all the favour & unfavorable results i.e. Profits & loss)
@FinTaxPro
Жыл бұрын
Right 👍🏻
@ujjavalkumar485
Жыл бұрын
Equity ka Turnover kaise calculate kre??
Plz share this excel sheet. Thanks
Sir how to calculate short term profit turnover
Absolute total of profit and will be turnover How to calculate purchase amount
Sir practical course lena hey. Pls suggest
Hlo sir me Future and option me 27 lac lass kiya us ko kitna time thk carry kr skta hu profit kr liye
Sir intraday, dilivery itr calculation ispar bhi video balance sheet & p&l priparation
@teamfintaxpro6089
Жыл бұрын
Covered in course
Sir but now turnover calculated sell value+buy value
Sir, mere phele sirf business income the from clothing shop jo mai 44AD mai dekhta tha. Then, now i have to show F&O income in normal business head. So is it ok to show shop business income separately in 44AD & f&O income in normal business. Will it be a defective return if i show separate business income in 44AD& normal business rather then making combined trading acc.
@Memesofficial_2.0
Жыл бұрын
My Question also the same..........can we show both 1. 44AD - business other than FnO 2. Normal business to carry forward loss of FnO
@Memesofficial_2.0
Жыл бұрын
@uditrai7992 If you got the answer let me know
Sir your videos on share market taxation are extremely good. Let us say I have turnover of 1 lakh in f&o (profit 99000) and I have turnover of 2 CR in share trading (non speculative) (profit 11 lakh). Can I club the turnover and show turnover 201 lakh under presumptive taxation and declare income @6% of turnover. I am asking because income in f&o is 99% of turnover. Last few years I have used presumptive taxation and want to continue with it.
@teamfintaxpro6089
Жыл бұрын
No you need to report this separately. I have a made a video on this topic you will get the video tomorrow on this topic
@Mahesh-tv6xo
Жыл бұрын
@@teamfintaxpro6089 thank you Sir.
Sir i think u loose ur wright last 6 months .. Doing JIM?
Stock ka turnover kaise calculate kre? Same option ki trh??
@Professional_trader98
Жыл бұрын
Uska turnover nahi hota..fmv or sale value hoti hai
❤
2021 2022 2023
Business bandh karnaa padegaa.
छोटी सी सीधी बात को तू क्यों इतनी लंबी और मुश्किल बता रहा है???
@FinTaxPro
7 ай бұрын
Aapko sab pata h to Mat dekho video sir. Aur bolne ki tamiz sikho pandya ji ye tu tadak kya h.