Dear Friends,
I am a salaried person and also do trading. I would like to know for my salary what will be the best IT Rule for me the old or new one. And what expenses i can claim against the FnO Trading Profits.
Expenses incurred by me for this trading are mobile / internet bills, software service charges, purchase of mobile device for trading,
Below are the approximate amounts of my earnings and deductions for FY 21-22 my Office doesnt deduct any TDS and i do file and pay my own taxes.
Gross Salary | 950000 |
FD interest | 240000 |
SB Interest | 7800 |
Dividend | 4500 |
FnO Trading Profit | 50000 |
Deductions | |
Standard Deduction | 50000 |
PF | 110000 |
PPF | 55000 |
LIC | 9500 |