23 June 2023
1) Hello, I'm filling under the new regime from this year onwards. I've only F&O income (ITR 3). For selecting nature of business, should I go with:
a) Financial Intermediation Services -> Investment Activities/Other Financial Intermediation Services n.e.c. (Which one of the two?)
OR
b) Other Services -> Other Services n.e.c.
If it's some other option, please let me know. Also, didn't see code 09028 anywhere.
2) Also, I keep Mutual Funds, stocks, ETFs pledged with my broker & use that for Option Selling. Free cash is only around 5%. So, 'Proprietor's Capital' should include the pledged part or just the free cash?
23 June 2023
Maybe should have mentioned but am talking about the form 10IE here. In that, which option should I choose?
Edit: Okay, I did find the 'Retail sale of other products n.e.c' in form 10IE under the 'Wholesale & retail trade' category, but it doesn't come up when I type 09028, hence couldn't find it earlier..
CAclubindia
