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

  • @buckybarnes9135
    @buckybarnes9135 Жыл бұрын

    bahut hi zayada valuable information provide ki aapne, thank you so much brother

  • @bvs.ravikumar235
    @bvs.ravikumar235 Жыл бұрын

    Many thanks for sharing updated TO calculations for F&O

  • @prajwalshetty2047
    @prajwalshetty2047 Жыл бұрын

    Thanks for such small and important updates

  • @nishapai9381
    @nishapai938110 ай бұрын

    Thank you so much for this video. it helped me to file my return. crisp clear explanation.

  • @RajeshAllem8256
    @RajeshAllem8256 Жыл бұрын

    Thanks Sir for clarifying the confusion.

  • @manishpandey3239
    @manishpandey3239 Жыл бұрын

    Beautifully explained

  • @BlazingBeauty
    @BlazingBeauty7 күн бұрын

    Thank u so much very informative video

  • @sanath111
    @sanath111 Жыл бұрын

    Thats very much useful Info sir

  • @neelamkukreja8455
    @neelamkukreja8455 Жыл бұрын

    Very informative video

  • @SinghDavinder007
    @SinghDavinder007 Жыл бұрын

    Sir Waiting for ITR-3 Video for Salary, Capital Gains, Dividend, Intraday , F&O Income....🙏🙏

  • @rmalhotra925
    @rmalhotra925 Жыл бұрын

    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.

  • @utsavmarian
    @utsavmarian Жыл бұрын

    Very helpful

  • @sachinraut9412
    @sachinraut9412 Жыл бұрын

    Thanks

  • @bollywoodmovies1647
    @bollywoodmovies164711 ай бұрын

    Thank you Sir 🙏

  • @rameshnagarahalli7502
    @rameshnagarahalli7502 Жыл бұрын

    Thank you bro 🙏

  • @pankajjoshi_
    @pankajjoshi_ Жыл бұрын

    very useful video

  • @Mandu_887
    @Mandu_887 Жыл бұрын

    Excellent sir, waiting for itr3 filing video for fno

  • @SumitRajput-zl1db
    @SumitRajput-zl1db Жыл бұрын

    How to show Income or loss from Future and Option in ITR - 3 ?

  • @SP-zk5vs
    @SP-zk5vs10 ай бұрын

    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 .

  • @otgyt-ls3bh
    @otgyt-ls3bh Жыл бұрын

    osm sir

  • @guruscenter
    @guruscenter Жыл бұрын

    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.

  • @bhuvneshsingh5286
    @bhuvneshsingh5286 Жыл бұрын

    kya sir intra day profit / loss ko capiitakl gain me short term profit mentin kr skte h

  • @neelamkukreja8455
    @neelamkukreja8455 Жыл бұрын

    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

  • @souravmaity9752
    @souravmaity9752 Жыл бұрын

    Very good video

  • @FinTaxPro

    @FinTaxPro

    Жыл бұрын

    Thanks

  • @priyankamishra2096
    @priyankamishra2096 Жыл бұрын

    Sir tally me inke proper accounting pr bhi video bna do pls bcoz ab tk u tube pr proper video ni h

  • @basitbashirbhat758
    @basitbashirbhat758 Жыл бұрын

    what will be turnover part if buying and selling price is same, zero or anything else ?

  • @parvezshaikh3178
    @parvezshaikh3178 Жыл бұрын

    I have income from Normal Business + F&O + Equity Trading Please tell me which video of your is perfect for me

  • @rahulchikankar3c949
    @rahulchikankar3c949 Жыл бұрын

    Sir loss ho f and o mai to audit karana jaruri hai kya

  • @sreehari1611
    @sreehari1611Ай бұрын

    sir which amount is to be considered for Gross receipt? if we opt for 44AD, absolute turnover or total sale value?

  • @t-tigergaming
    @t-tigergaming Жыл бұрын

    Sir agr F&O me loss hai toh kya audit krwani mandatory hai?

  • @tejasbro1095
    @tejasbro109510 ай бұрын

    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..

  • @chinnisankar9567
    @chinnisankar9567 Жыл бұрын

    future turnover and options turnover calculation is same method is it correct

  • @rajuvala
    @rajuvala4 ай бұрын

    againt turnover trade wise and scipt wise me there is huge difference. which one to follow?

  • @ashokkumarchaubey6376
    @ashokkumarchaubey6376 Жыл бұрын

    thanks so much

  • @avijitchakraborty7460
    @avijitchakraborty7460 Жыл бұрын

    Sir itr 6 and 7 ke liye video upload kijiye🙏

  • @sudhanshudixit646
    @sudhanshudixit6462 ай бұрын

    Jug Jug JIYO MERE BHAI AWASTHI

  • @shuvame5162
    @shuvame5162 Жыл бұрын

    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

    @Professional_trader98

    Жыл бұрын

    Non speculative Calculate as per options.

  • @shuvame5162

    @shuvame5162

    Жыл бұрын

    @@Professional_trader98 thanks

  • @neelamkukreja8455
    @neelamkukreja8455 Жыл бұрын

    Kya aap ITR bhi file karte h if yes then charges bhi bata den

  • @ankurjain1513
    @ankurjain1513 Жыл бұрын

    Sir how to fill it in mcx trading case sir

  • @yashasviagarwal6950
    @yashasviagarwal69504 күн бұрын

    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

  • @rahullad8613
    @rahullad8613 Жыл бұрын

    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.

  • @simithsudhakaran6727
    @simithsudhakaran672711 ай бұрын

    Then how to arrive at actual profit in itr

  • @manishchavan8806
    @manishchavan8806 Жыл бұрын

    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

    @FinTaxPro

    Жыл бұрын

    Right 👍🏻

  • @ujjavalkumar485

    @ujjavalkumar485

    Жыл бұрын

    Equity ka Turnover kaise calculate kre??

  • @cmaashishagarwal3062
    @cmaashishagarwal3062 Жыл бұрын

    Plz share this excel sheet. Thanks

  • @bavalesanthosh8984
    @bavalesanthosh8984 Жыл бұрын

    Sir how to calculate short term profit turnover

  • @rakeshkala1515
    @rakeshkala1515 Жыл бұрын

    Absolute total of profit and will be turnover How to calculate purchase amount

  • @souravmaity9752
    @souravmaity9752 Жыл бұрын

    Sir practical course lena hey. Pls suggest

  • @dc_singh
    @dc_singh Жыл бұрын

    Hlo sir me Future and option me 27 lac lass kiya us ko kitna time thk carry kr skta hu profit kr liye

  • @rahulpatil-mx4br
    @rahulpatil-mx4br Жыл бұрын

    Sir intraday, dilivery itr calculation ispar bhi video balance sheet & p&l priparation

  • @teamfintaxpro6089

    @teamfintaxpro6089

    Жыл бұрын

    Covered in course

  • @parveenchhikara2787
    @parveenchhikara2787 Жыл бұрын

    Sir but now turnover calculated sell value+buy value

  • @uditrai7992
    @uditrai7992 Жыл бұрын

    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

    @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

    @Memesofficial_2.0

    Жыл бұрын

    @uditrai7992 If you got the answer let me know

  • @Mahesh-tv6xo
    @Mahesh-tv6xo Жыл бұрын

    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

    @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

    @Mahesh-tv6xo

    Жыл бұрын

    @@teamfintaxpro6089 thank you Sir.

  • @debashissen3415
    @debashissen3415 Жыл бұрын

    Sir i think u loose ur wright last 6 months .. Doing JIM?

  • @ujjavalkumar485
    @ujjavalkumar485 Жыл бұрын

    Stock ka turnover kaise calculate kre? Same option ki trh??

  • @Professional_trader98

    @Professional_trader98

    Жыл бұрын

    Uska turnover nahi hota..fmv or sale value hoti hai

  • @nareshrana4034
    @nareshrana4034 Жыл бұрын

  • @dc_singh
    @dc_singh Жыл бұрын

    2021 2022 2023

  • @subrahmanianpallath9176
    @subrahmanianpallath917611 ай бұрын

    Business bandh karnaa padegaa.

  • @madhavpandya2753
    @madhavpandya27537 ай бұрын

    छोटी सी सीधी बात को तू क्यों इतनी लंबी और मुश्किल बता रहा है???

  • @FinTaxPro

    @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.

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