04 July 2009
intraday and F&O profit or loss for a salaried person is considered as speculation business than which ITR hes suppose to file and if ITR 4 than what to mention in nature of business (code) ??
04 July 2009
File your Return under ITR -I, the proft & Loss from intraday & FA&O should be mentionoed under other income, make sure that the short term capital gain is applicable or not if applicable then the special tax rate will be apply. The question of nature of business is not arise because you are a salaried person.
04 July 2009
Hi, you will have to file ITR 4. ITR-1 & ITR-2 not applicable in your case. In my opinion for business code write 0204 i.e. trading others.
CAclubindia
