Nature of business code in itr 3 - appropriate code not available

ITR 2585 views 3 replies

The Profit and Loss from F&O share trading and Intra day share trading is to be shown under business head of income ( while short term gains under capital gain head). While preparing ITR3 ( using department utilities for ITR-3), we need to define the nature of business with the relevant code of the particular business but we don;t find appropriate classifcation and code for share trading ( in F&O and Intra day trading) in the list provided.

How and under which head should we show this income/loss in ITR-3.

 

Replies (3)

Exact code not defined till date....... Brokers suggest to use '13015'

Shall a trader or normal investor use Broker code?

Its broker's code attached with 'related activities' !!! (i.e for traders)

Otherwise, no better option......

& Investors do not use it, as not needed.


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