Capital income or F&O income
This query is : Resolved
22 March 2025
My query is - When option contract is exercised on Expiry day, we need to give physical delivery of stocks from our Demat Holding to broker for physical settlement. Is giving physical delivery of stocks consider as Capital Gain/loss or F&O income?
As Giving physical delivery from Demat Holding is considered as "Sale of stocks".
So, is it needed to report in ITR as Capital income or F&O income ?
As Giving physical delivery from Demat Holding is considered as "Sale of stocks".
So, is it needed to report in ITR as Capital income or F&O income ?
22 March 2025
Physical delivery upon exercising an options contract is treated as a sale of stocks, and any resultant gains or losses should be reported as capital gains or losses in your ITR, not as F&O income.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on inherited shares
- 144c Draft order
- Defective return due to 26AS showing with 94C
- Health insuranc
- Goods purchased and input available
- RECOVER OF GST AMOUNT FROM SERVICE PROVIDER
- TCS on sales or TDS on purchase after cross 10 cr turnover
- Updated return ay 2023-24. NRI
- Escrips ROdtep time limit
- Filing d ITR by registered legal heir
- Cement Brick HSN code and GST Rates
- Correction pending for AO APPROVAL
- Fail to issue gst invoice from last 46 months
- GST ON OVERTIME CHARGES
- Closure of a PVT LTD company
- RCM Applicability on Services
- Change in Shareholders Name
- APPLICATION FOR AVAILING BENEFITS UNDER GST AMNESTY SCHEME & REQUEST FOR ADJUSTMENT/REFUND OF EXCESS
- GST Refund of Deemed Export
- Pension to govt employee
Trending Online Classes
CAclubindia
