Thank you so much ... this year it was really becoming a hassle with Balance sheet and some other details being mandatory. But you explained step by step in such a simple way that I could play video and file my return step by step as shown by you ... really great help !!!
Sir aapne capital aacount me 40 lakh assume kyun kiya calculate karke bataiye ki hum itr file karein tou capital wali figure kese lein, kya purchase value of intraday and option and future ki value add karke ye figure aayegi
tumko mera hardik payer bhora namaoskar, 🙏🙏🙏🙏🙏 pichle saal hi subscribe kar chuka, not only informative most helpful for those who already made loss in f&o agli saal to zerodha me quicko se kar diya tha, lekin is saal to quicko chargable kor diya isliye e vdo bahut help karegi, ap nehi hota to aur jada kharcha aa jata. 🙏🙏🙏🙏🙏
Hello sir, with the help of your video I had filed itr 3 for future and option loss, may salary is approx 6 lac, with small profit and loss and balsheet and carry forward my fno loss, now my I came through a provison of your income exceed the threshold limit then you can't claim future option loss, you have to go for tax audit, otherwise go for presumptive taxation, now what I have to do
Sir, I have filled FNO losses as told by you. But, the loss carried forward is getting reflected in Schedule CYLA, but it is not getting reflected in CFL. Although the taxable income and tax has been calculated by adjusting those losses. Pls tell why the loss is not getting reflected in CFL. Thanks a lot.
Sir if i dont do F&O next year do i need to show F&O bussiness with Balance sheet next year?? + sir mera other business hai electronics ka jo mai 44AD me show kerta hu jisme profit hai to can i file F&O loss in ITR3 along with presumptive business
Took share in delivery using MTF and sold in profit, whether the interest paid to the broker can be considered as an expenditure while calculating P&L in short-term capital gain?
Very nice video sir ,thanks a lot ❤,now plz answer my questions:::: 1. You have not reported FnO and Indra day turnover anywhere in the ITR 2.Kai sare CA’s FnO and intraday ki total Sales ko trading account k revenue from operations main show karte hai or buying ko other expenses me show karte h . Plz clarify
Sir I have capital loss in Fno in this year and I want to fill ITR 3 for carry forward. But I am filling ITR 4 since 8 years under 44AD presumptive taxation. And showing profit more than 8% of turnover every year. So I want to know is it Mandatory Tax audit in my case?
Another confirmation please- In ITR3 under schedule balance sheet, we provide only business related details. We do not include details such as personal liabilities, personal asset like house, ornaments etc. Am I right?
In ITR3 under schedule Profit and loss account, we provide only business related details. We do not include savings account interest, dividend income etc. Am I right?
I filed ITR 3 last year for f&o loss. This year I don't have any f&o trading. So no gain or loss. Do I still need to file ITR 3 this year? Other income sources are salary, divided, interest, and cap gain under 112A. Please guide. Thanks.
I have made loss in options trading but my annual income is below taxable limit. Can I carry forward the loss to next year and set it off against profit / income of nexr year?
Previous year 2022-23 30k turnover of options is shown in 44AD, total income is below taxable limits, current year 2023-24 loss from options is 70K so have to show it under normal business income, total income from other source i.e interest is below 2.5 lakhs for 2022-23 & 2023-24. from year 2015-16 to year 2021-22 salary income was above exemption limit, please tell for year 2023-24 to opt out from 44AD audit will be applicable? income is within taxable limit for 2023-24, but salary income only exceeds basic exemption limit for years upto 2021-22 & no business income was there when salary income exist.
If i have a bf losses and current year loss of fno and other source income as well, so other source income first kiske sath setoff hoga cureent year losses or bf losses se ?
Jab fno ki turnover ko kahin bhi itr mein mention hi nahi karna hai, to usey calculate hi kyun karna hai? Kya turnover sirf tax audit hai ya nahi iske liye calculate karna hai?
Sir, I have queries please solve, In 44ad 8% or 6% se profit less show Kiya(hua) to tax audit required hota h, but kya hum turnover less show kar sakte h ??? Example, last year show 25000 turnover ,this year no business only show 2000 show as turnover ,it is applicable or no, is there any issues????
If in current year i have income from STCG, LTCG, & FnO and previous year i had loss in FnO. when i brought forward those FnO losses this year they will be adjusted against which income ????? because when i do so losses are adjusted just against FnO income of this year only automatically in ITD portal. Remaining losses are Carry Forwarded for next year. But you said that FnO losses can be adjusted against any income except salary. please clarify .
Sir Once again hatoff.we are learning as a child and you are also doing us efficient and hard work.as you know better ...we are students..and how make understand to the students..Better understand the teacher who teach their students. You are performing in that way ..sir Your teaching is like a master. Who knows their students mentality and capturing power.. I have been seen your lots of videos on taxation and here I should mention here that you have nothing any points escape to explain.....study bless you...
HI SIR MERE KO ALMOST 2 LAC KA LOSS HAI USKO CARRY FORWORD KARNE KI SOCH RAHA HUN MUJHE LAGTA HAI MAI PROFITABLE BANUGA KYA MERE LIYE SAHI HAI BHARNA BAKI OTHER INCOME KAM HAI 3 LAC SE OR LOANS KAFI HAI
Hello Sir, 1 Question hai pls reply me. Mere AIS form me "Purchase of Time Deposit (SFT-005)" show kr rha hai aur Bank account bhi mere father ka SBI show kr rha hai. Ye FD mere father ke account me hai to mere AIS form ye kyu show ho raha hai? Mere father apni ITR proper file krte hai. Kya mujhe bhi is regarding apni ITR me show krna chahiye ya me normally apni ITR jaise file krta hu waise hi kru ? Thank you so much.
FOR ITR Filing, connect at 9718097735 or email us info@fintaxpro.in
@@FinTaxPro Hi can you please share ITR computation file, Thanks
Sir what are the charges to file itr through u
i am salaried person but have losses in F& O and slight profit in equity and MF. how can i adjust these . what is your fee to fill ItR .
Sir plz share excel format of balance sheet
Sir kya 44AD business or
Intra day or f&o ko Normal business करके file कर सकते हे क्या
Thank you brother for video .. I filed my own ITR for first time bcz of ur video .. Thank you so much bhai 🙏
Thanks a lot FinTaxPro Team, for explaining step by step in detail.Very helpful !!!
Thank you sooo much sir bcz i am filing one F & O and Intraday return after watching your video. God bless you sir.
@@annappamk6739 did it work correctly??
Best video on youtube for filling ITR-3
Excellent session. You deserve special and hearty appreciation for your detailed information on this subject.
Thank you so much ... this year it was really becoming a hassle with Balance sheet and some other details being mandatory. But you explained step by step in such a simple way that I could play video and file my return step by step as shown by you ... really great help !!!
Sir aapne capital aacount me 40 lakh assume kyun kiya calculate karke bataiye ki hum itr file karein tou capital wali figure kese lein, kya purchase value of intraday and option and future ki value add karke ye figure aayegi
Thanks for explaining each step in details, even a layman can file his ITR 3 smoothly. Excellent job !!
You Save my Rs.3500 of tax filling.... Tanx a lot
Thank you very much sir for explaining the entire ITR 3 in detail and making ITR filing in such a simple way, Regards 🙏🙏🙏
Fantastic video. You saved me INR 25K worth of CA fess. You earned a life long subscriber.
Keep it up,
Mera 2 business hai kya ek me 44AD or dusara jo share market trading ka hai use normal PGBP or STCG LTCG me return file kar sakta hu
bhai i dont know how is it possible for u to do this such detailed and awesome video truly respect bro
Superb Video , Explaining each key Points.
thanks a lot very details and explaining video what I'm looking for
5:15 threshold limit will of only FnO or including Salary as well
Loved your explanation but could not find the excel sheet. Could you please provide the computation excel sheet.
tumko mera hardik payer bhora namaoskar, 🙏🙏🙏🙏🙏
pichle saal hi subscribe kar chuka,
not only informative most helpful for those who already made loss in f&o
agli saal to zerodha me quicko se kar diya tha, lekin is saal to quicko chargable kor diya isliye e vdo bahut help karegi,
ap nehi hota to aur jada kharcha aa jata. 🙏🙏🙏🙏🙏
Beautifully explained ITR filling process
Superb Explaination....i follow steps..and formed itr easily
Awesome!!! Nicely explained with details and professional approach. Thank you :)
Hi FinTaxPro, In which section we can claim the deduction of interest paid (2 lacs) on home loan in ITR3?
Great detailed explanation, 25:53 Which ITR to file in case of income from Salary, PGBP & Capital Gains, Can one file multiple ITR?
How beautifully you explain the points... thank you.
Sir, please state need to maintain Books of Accounts 44(AA)if losses in futures and options, even though conditions of sec 44(AA) are not met.
Sir currency trading ka kaha dalna hain ITR3 mein?
Perfect explanation Sir. Detailed explanation provided in the video.
Closing stock mei stock in hand till 31st March 2024 show karna hai ki nahi?
Sir you have not entered the Turnover of F&O anywhere while filing ?? Is it not required to enter only for intraday you have entered
@FinTaxPro - you mentioned you will provide this excel sheet but not attached. please provide this calculation sheet
Hello sir, with the help of your video I had filed itr 3 for future and option loss, may salary is approx 6 lac, with small profit and loss and balsheet and carry forward my fno loss, now my I came through a provison of your income exceed the threshold limit then you can't claim future option loss, you have to go for tax audit, otherwise go for presumptive taxation, now what I have to do
Sir, I have filled FNO losses as told by you. But, the loss carried forward is getting reflected in Schedule CYLA, but it is not getting reflected in CFL. Although the taxable income and tax has been calculated by adjusting those losses. Pls tell why the loss is not getting reflected in CFL. Thanks a lot.
sir i cant find link to computation sheet in description pls help
Guruji sat sat naman🙏🙏🙏
Awesome video, sir. Thanks a lot.
FNO LOSS : unadjusted loss can be c/f up to 8 years but set off any income? or only FNO? in c/f?
Sir f n o turnovers calculation me agar loss hai to absulate profit plus sales value liya jata hai na?
Sir FNO me loss hai mujhe loss carry forward nahi krna hai to me kya ITR 2 file kr shakta hu ya FNO CASE ME ITR3 MANDATORY HAI??
❤❤ you are genius Sir🙏💯
SIr, what if my Tax PnL and AIS info doesn't match? What so I have to do in that case? How to match both of them?
Please please reply, thankyou
P&l and Balance sheet ka format is not attached in description. Where can i find?
Best video so far. Plz provide computation sheets as mentioned.
bro you got the computation sheets????
@@siddharthsoni8605 no
Sir,
I have Intraday and F&O transactions.
Will it be proper and systematic to show STCG LOSS in the Balance Sheet in ITR3?
Please guide
Sir if i dont do F&O next year do i need to show F&O bussiness with Balance sheet next year?? + sir mera other business hai electronics ka jo mai 44AD me show kerta hu jisme profit hai to can i file F&O loss in ITR3 along with presumptive business
FnO ka jo turnover calculate kiye the, use kahan report kiye??
sir new regim me 8 Years tak loss ko carry forward kar sakte hai ??
kyoki kuch videos me old me hi applicable hai bol rahe hai.
Nahi kar skte bhai
where to get this balance sheet format ?
Very clearly and neatly Explained, Thank sir
sir Dividend 31mar ke bad bank me credit huwa h to wo ais me dikha ra h kya ise v current year ki income mana jayega ya last year ki
Took share in delivery using MTF and sold in profit, whether the interest paid to the broker can be considered as an expenditure while calculating P&L in short-term capital gain?
Sir balance sheet excel sheet nahi mil raha
sir ye kaun si software hai for accounting
Doesn't need to maintain BOA u/s 44AA if FNO turnover doesn't exceed 1,20,000, right?
Awesome video
SIR if there is loss for FNO then no need to show there turnover amt ?
@FinTaxPro From where we can get the excel template that is used in the video?
I am not able to see links for Excel sheets for p&l and balance sheet
Sir is return me apne kahi Turnover to show hi nahi kiya, any reason?
Hi how to show TDS paid on FD intrest in ITR3
Very nice video sir ,thanks a lot ❤,now plz answer my questions::::
1. You have not reported FnO and Indra day turnover anywhere in the ITR
2.Kai sare CA’s FnO and intraday ki total Sales ko trading account k revenue from operations main show karte hai or buying ko other expenses me show karte h .
Plz clarify
Loss of FNO required to be shown in itr? I did not show loss.
I could not find the link to download the balance sheet format
❤❤thanks for the very good advice sir 🙏
we can file F&O loss/profit of 22-23 and 23-24 in current year ITR 2024-25 ?
Super explanation
Sir I have capital loss in Fno in this year and I want to fill ITR 3 for carry forward.
But I am filling ITR 4 since 8 years under 44AD presumptive taxation. And showing profit more than 8% of turnover every year.
So I want to know is it Mandatory Tax audit in my case?
Another confirmation please- In ITR3 under schedule balance sheet, we provide only business related details. We do not include details such as personal liabilities, personal asset like house, ornaments etc. Am I right?
Your presentation, content and explaning matter is excellent. Thanks Vivek. I have one issue may I call you in some while
In ITR3 under schedule Profit and loss account, we provide only business related details. We do not include savings account interest, dividend income etc. Am I right?
Thank you
Best explained
Hello Sir, Aagar borrow money lekar trading kiya aur loss hua hai to kaise dikhana hai..Aaap isme kuch video bna sakte hain kya..
what about FNO turnover, You have not fill FNO turn in this form.
I filed ITR 3 last year for f&o loss. This year I don't have any f&o trading. So no gain or loss. Do I still need to file ITR 3 this year? Other income sources are salary, divided, interest, and cap gain under 112A. Please guide. Thanks.
@@ritugogia3284 same condition of mine..let know if any answer received from other sources
I have made loss in options trading but my annual income is below taxable limit. Can I carry forward the loss to next year and set it off against profit / income of nexr year?
Thank you so much for such a detailed information
Intraday in stocks is considered as speculative income and Intraday in FnO is considered as speculative or business?
Sir how to file intraday loss and agriculture income, no F&O.
Currency trading ke losses sir kiske ander aayege?
could you please do video on tax filing for equity trading as business (not as capital gain)
Previous year 2022-23 30k turnover of options is shown in 44AD, total income is below taxable limits, current year 2023-24 loss from options is 70K so have to show it under normal business income, total income from other source i.e interest is below 2.5 lakhs for 2022-23 & 2023-24. from year 2015-16 to year 2021-22 salary income was above exemption limit, please tell for year 2023-24 to opt out from 44AD audit will be applicable? income is within taxable limit for 2023-24, but salary income only exceeds basic exemption limit for years upto 2021-22 & no business income was there when salary income exist.
Thank you so much Sir
If i have a bf losses and current year loss of fno and other source income as well, so other source income first kiske sath setoff hoga cureent year losses or bf losses se ?
Can I file bopth ITR1 and ITR3 as I am a salaried employee and trade also.
Jab fno ki turnover ko kahin bhi itr mein mention hi nahi karna hai, to usey calculate hi kyun karna hai? Kya turnover sirf tax audit hai ya nahi iske liye calculate karna hai?
Turnover important for tax audit checking
Does the same process is applicable for NRI for his F&O income??....please reply sir
Sir fno loss to set off hogaya, carry forward loss ki jagah 0 dikha raha he, loss carry forward hoga ki nehi 8years tak
Where can I find the excel file?
Thank you so much this is brilliant!
Sir, I have queries please solve,
In 44ad 8% or 6% se profit less show Kiya(hua) to tax audit required hota h, but kya hum turnover less show kar sakte h ???
Example, last year show 25000 turnover ,this year no business only show 2000 show as turnover ,it is applicable or no, is there any issues????
If in current year i have income from STCG, LTCG, & FnO and previous year i had loss in FnO. when i brought forward those FnO losses this year they will be adjusted against which income ?????
because when i do so losses are adjusted just against FnO income of this year only automatically in ITD portal. Remaining losses are Carry Forwarded for next year. But you said that FnO losses can be adjusted against any income except salary. please clarify .
Excellent explanation. 🎉🎉 thank you so much. Subscribed 🙏
sir agar koi income ni ho then itr 3 FnO loss kase file krenge
Sir
Once again hatoff.we are learning as a child and you are also doing us efficient and hard work.as you know better ...we are students..and how make understand to the students..Better understand the teacher who teach their students.
You are performing in that way ..sir
Your teaching is like a master. Who knows their students mentality and capturing power..
I have been seen your lots of videos on taxation and here I should mention here that you have nothing any points escape to explain.....study bless you...
HI SIR MERE KO ALMOST 2 LAC KA LOSS HAI USKO CARRY FORWORD KARNE KI SOCH RAHA HUN MUJHE LAGTA HAI MAI PROFITABLE BANUGA KYA MERE LIYE SAHI HAI BHARNA BAKI OTHER INCOME KAM HAI 3 LAC SE OR LOANS KAFI HAI
Hello Sir,
1 Question hai pls reply me. Mere AIS form me "Purchase of Time Deposit (SFT-005)" show kr rha hai aur Bank account bhi mere father ka SBI show kr rha hai. Ye FD mere father ke account me hai to mere AIS form ye kyu show ho raha hai? Mere father apni ITR proper file krte hai. Kya mujhe bhi is regarding apni ITR me show krna chahiye ya me normally apni ITR jaise file krta hu waise hi kru ? Thank you so much.
Have some queries regarding some transaction
How to reach out?
Sir mene P. Y me 44AD Opt kiya tha
Or is F. Y Me Meri Share market se Loss hai
To konse itr form fill karna hoga
Much awaited learning. Thank you 🙏🙏🙏
Supurb, super dupper,excellent and informative lecture ❤ you sirji God bless you 👌👍🙏