ITR -3 Live Filing of Future and Option and Intraday | How to file ITR 3 for AY 24-25, FY 23-24
ฝัง
- เผยแพร่เมื่อ 5 ก.ย. 2024
- To Open Free Demat Account in UPSTOX
👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
upstox.com/ope...
and Get Access of Our Share Market Course (Free) ITR -3 Live Filing of Future and Option and Intraday | How to file ITR 3 for AY 24-25, FY 23-24
#itr3 #incometaxreturn #f&o #futureandoptions
👉For Professionals Help Click Here - bit.ly/casumit
how to file itr 3 for share market,
itr 3 filing for share market income,
itr for share market income,
itr 3 for share traders,
share market ka itr kaise bhare,
share market,
tax on share market income,
itr for share market,
share market income tax kaise bhare,
itr for share market loss,
taxation for share market,
share market itr 3 filing,
itr filing for share market income,
share market itr filing,
itr 3 filing for f&o,
itr 3 filing online 2023-24 share market
how to file itr 3 for f&o loss,
itr 3 filing for f&o and salary,
how to file itr 3 for intraday trading,
futures and options,
income tax on futures and options trading,
future and options and income tax law,
tax on future and option income,income
tax on future and options,
futures and options trading taxation,
how to show futures and options loss in itr
itr 3 for f&o loss itr 3 for f&o
itr 3 f&o
loss no account case itr 3 f&o
loss carry forward nature of business in itr 3 for f&o
how to file itr 3 for intraday and f&o
how to file itr 3 for intraday and f&o loss
you can Follow
us on :
Write us-
casharma12@gmail.com
WHATSAPP -
whatsapp.com/c...
TELEGRAM-
t.me/sumitshar...
Please let us know how we can help you
Till that for More Regular Updates
you can connect with us on below Given social media handles:-
linktr.ee/ca_s...
#CASumitSharma
#SumitSharma
#CA
#Income
#IncomeTax
Don’t Forget To Like , Comment , Share & Subscribe ...
[ THANKS FOR WATCHING THIS VIDEO ]
DISCLAIMER ********
This video is merely a general guide meant for learning purposes only. All the instructions, references, content or documents are for educational purposes only and do not constitute legal advice. We do not accept any liabilities whatsoever for any losses caused directly or indirectly by the use/reliance of any information contained in this video or for any conclusion of the information. Prior to acting upon this video, you're suggested to seek the advice of your financial, legal, tax or professional advisors as to the risks involved may be obtained and necessary due diligence, etc may be done at your end.
सर आपने बहुत अच्छे से समझाया, अब बहुत आसान लगने लगा है।मने कई लोगों की video देखी ,मै बोर हो जाता था समझ नही आता था। आपने बहुत आसान बना दिया।
Thank you
This was the video, I was searching for sir.. Perfect video for salaried people with fno and intraday trading.. With the help of your video I filed my ITR3 with so much ease.. Your explanation of Broker statement and balance sheet was so simple to understand.... Thank you, Thank you, Thank you so much sir. 😊👍❤❤❤
Glad it was helpful!
Very informative...well explained 👏 👌
Thanks a lot 😊
Thanks for sharing Helpful information 👍
My pleasure
Thank you
Aaj jaa k mila ye learning sahi se.. Thank you Sir.. Thank you so much..!!
Thank you 😊
was waiting for this amazing video
Thank you
today evening after watching this video will File my ITR-3
All the best
Last 2 years ka losses and gains this year show kar sakte hai kya??
@@sekhar2214 nhi vo uss vkt hi file krne hote hai
It was very easy for me to make balance sheet after watching your video. Best informatic ITR related video. Thank you Sumit SIR
You are most welcome dear
The best video for understanding f&o, shares/mf capital Gains i have ever seen...Thanks sir....
Glad you liked it
PPT sabse best part tha, aur sabkuch acchese bataya hai sir.. Thank you!
Glad to hear 😊
best video on F&O
Thank you
Love this video. It is a great video for salaried people who also do some intraday and F&O. Thanks a lot for making it.
Glad it was helpful!
Great, Excellent & Thanks.
Thank you 🙏
Very nice and informative video. Thanks a lot❤
Most welcome 😊
Brother your information is so standard, keep it up . God bless you.
Thanks, you too!
Superb video for ITR 3👌👍🙏
Thank you 😊
Nicely explained in simple laugauage and almost all the topics in respect the itr F/O filling has been explained thanks a lot
Thanks and welcome
Best video for queries and doubts regarding ITR filing. Thanks for posting this.
You are most welcome
Excellent video indeed. Very informative for those who are filing return in complicated ITR 3. Thank you so much ♥️
Glad to hear
great
Thank you
Thank you very much. I file ITR 3 first time. Should have done it long back. Lost big amt of fno loss. ।
👍
Best wishes
Sir your videos are very important and helpful ❤❤❤❤
Thank you 👍
Great video 🎉
Thank you 😁
Very good information Sumit ji
Thank you ji
Hello Sumit ji, you have explained this marvelously .
Thank you
Thank you sir for sharing the valuable information related to ITR3 Filing.
Your way of teaching and the area covered was superb.
You are most welcome
Great sir, thanks for this type of helpful vedios.
Happy to help
very nice explained sir ji
Thank you
Very well explained. 👌
Thank you
👋👋👋 Thanks sir for details knowledge, GOD BLESS YOU SIR, THANKS AGAIN AND AGAIN
Best wishes
Sir ji aap bahut dur ho nhi to main aapke pass hi coching kerta🙏🏻 Q ki sir Aap bahut aasani se sab baat clear ker deta hai
Koi na
Asss pass koi or dhundh lo
Wow Sumit bhai mja aa gya🎉❤
Great, Thanks for sharing helpful information 👍👍👌👌
Thanks for liking
Sharma ji thankyou very much for best information
Happy to help
Brar Saab
Best explanation sir ...sir virtual currency kis schedule me show kre plz guide
VDA
THANKING YOU .
Most welcome
Excellent
Thank you 😊
Excellent video with detailed explanation
Glad it was helpful!
please let know if in case only two/three transactions related to F&O are there should I need to select ITR3 or ITR2 is good. As you mentioned to show that in Short Term capital gain
As per rule FnO is business income
And STCG is capital gain..
So take decision accordingly...
Either show in business or avoid
@@CASumitSharma thanks, Sumit ji
31 March ko proprietor fund ka bls demat account me kitna bls he uske base pr lena he ya bank account k base pr
Total assets k according
Thank you for the detailed video. If possible please explain the amount under "To Drawings" and "By Balance B/d" under the CAPITAL ACCOUNT data. (this part is not understood - what to fill here)....
Drawings is self personal expenses of owner..
Balance BD means brought down. You can take it in last after putting all actual data as round figure
Billion Dollar video❤❤
Thank you bro 😊
Thanks for this informative video...
Most welcome
sir I have a question.if any assessee have F&O & TRADING LOSS & also have other Business profit and previous financial year ITR filed under u/s 44AD then which select in this financial year for non audit cases??
Need to check turnover and np this year
Audit may be required
Nice information. Need to fill ITR 3 for F&O with your help!
Call us
8875042000
Sumit sir, if you can provide the balance sheet format, which you shown in your video would be very helpful, Very helpful video
t.me/sumitsharma_ca/170
Sir,
I HAVE LOSS IN INTRADAY(RS.409)AND FNO (RS, 297).
I AM A SALARIRD PERSON AND HAVE STCG PROFIT AND DIVIDEND INCOME.
I Don't WANT TO CARRY FORWARD LOSS.
WHICH ITR SHOULD I FILE?
IF FILE ITR3, CAN I SHOW ZERO IN PROFIT SECTION OF INTRADAY AND FNO?
PLS SUGGEST...
First of all thanks to @Mr. CA Sumit Shrama for such helpful content.
My que is:
My father is a small businessman with an annual turnover of around 15-16 lakhs. He does not maintain books & accounts and has filed ITR 4 in previous years. But in FY 2023-24, he has made some short-term gains from stock market trading around Rs 33k.
Which ITR should he file now?
ITR 3
@@CASumitSharma Thnaks for confirming.
perfect video.
Thank you very much!
Maine intraday me 7 se 8 transaction kiye the jisse mujhe total 45000 ka profit hua hai .
Ab mujhe ITR 2 fill karna chahiye ya fir ITR 3?
3
You can take our professional services
8875042000
8875242000
thank you so much bhai
Most welcome
Thank You so much sir. I am a salaried individual who has some investment income. I have some queries
1. When i received dividend from a company, TDS was already deducted but that was not reflecting in the ITR. i had to pay again. Do we need to pay the tax again or can we show the amout as there was no space for that? can you tell me how
2. Can i rent a office and pay rent (show it as expense) to offset stgc and ltgc if any? if yes, where to show it?
3. I can see you have claimed laptop. mobile and bike expenses. How can i justify the reason of bike if i get a notice? also will it offset my stgc and ltgc?
Dividend is taxable as per slab rates
TDS deducted 10%
And tax is need to pay as per tax slab
Rent can't offset against LTCG STCG
It can offset against intraday FnO
Not entire expenses
Depreciation of fixed assets can be claimed against intraday FnO
@@CASumitSharma did not get this one. can't i offset the depriciation expenses of bike, laptop and mobile with stgc and ltgc?(atleast show it as expenses) or is it only with intraday and fno?
सर मैने खुद ITR-३ फाईल किया आपके video को देख के बहुत धन्यवाद सर सर एक ऐसा video बनाये हर सेक्सन बरिकी से सम्जाये और balance sheet कि तयार करके जिसमे सब हो ऐसी पैसे ले के दो हमे आपके ज्ञान सही तरीके से फायदा हो सके😄subscraibe, like कॉमेंट के अलावा और कूच होता तो मै उसे भी दबा लेता😆😆 धन्यवाद सर
Haha
Thank you
Superb Sir ji 🙏🏼
Thanks a lot
F&O Sales value and Purchase value are just contract Amount. It is not actual sales and purchases. Now supppose if we show only net ptofit or loss from F&O, how AO would come to know about Turnover criteria for tax audit. Is it necessary to show contract value or absolute turnover in return ?
Not mandatory
Really great info on tax filing. Great 👍
Thank you 👍
Pl sir, do a video for filing ITR 3 in english for us South Indians
Will try
But it's last date today
You can take our professional services
We will be happy to Provide you our professional services
8875042000 (Call & WhatsApp)
8875242000 (Calling)
9694842000 (Calling)
If there is another business with F&O trading then we can proceed u/s 44AD presumptive scheme for that another business ?? Please reply
Yes
Bahut hi accha hai.... samajh aaga sirji....
Excel ki sheet mil sakti hai.
t.me/sumitsharma_ca/170
Very Informative ..can i get balance sheet excel format .
t.me/sumitsharma_ca/170
I am from kerala very useful video, muche doubt he ki aap drawings kaise calculate kiya
Idea
According to your personal expenses
good video bhai. pls tell can we include stt and ctt as expenditure in fno non speculative { commodity }?
Can take
very good explanation
Thanks for liking
If I have filled ITR 1 before 31 July and I have received refund. But now I come to know that I can carry forward my options trading losses by filling ITR 3. can I fill ITR 3 as per old tax regime now?
Yes
Thank you so much!
Most welcome
Thanks for your kind support , here I need to know in balance sheet Colum where liabilities section what is ABC in 3rd line ? is it broker account like zerodha ,angle one or it is a bank account. please reply What it should be in other word or term?
You need to show all broker's account
Thank you sir for this great video
Happy to help ☺️
Super information given..what is the fees charged by you for filling itr3?
Thank you
We will be happy to Provide you our professional services
8875042000 (Call & WhatsApp)
8875242000 (Calling)
9694842000 (Calling)
Generally, in ITR 3, STCG and LTCG are shown as Capital gains. Intraday gains as speculation and F&O as business income. Unlike this can we show all the mentioned incomes under only speculative activity? i don't have other income except incomes from stock market trading and investment. My consultant CA told me that these incomes can also be shown as speculative income. Is it correct?
Different income need to show in respective heads
Sir, I have a profit of 3.5 L in equity short term trading, and 1 L profit in fno and commodity trading.. I have no any other income.
Is this income of 4.5 L eligible to pay tax? Or will the tax be exempted against this income? .. Please answer. I heard that a total income upto 7 lakh is free from tax paying.
Tax need to pay on STCG
3 lakh exempt
15% on 1.5 lakh taxable
Thanks for your kind comment@@CASumitSharma
Sir, STCG is 651000 and I govt. salaried person but intraday profit is only 18700 he.. Sir kya me itr 2 bhar shakta hu..
3 need to file
Thanku sir.
Most welcome
SUPER DUPER, PLEASE GUIDE SIR WHERE TO SHOW GOLD ETF CG IN ITR 2
As per slab rates
sir namaskar. How to make balance sheet to compile data before start filing ITR3.
Just put the figures in required place
Alternatively you can take our professional services
You can take our professional services
8875042000
8875242000
@@CASumitSharma I have loss in Option trading. what r charges for filing ITR3.
Sir business income ke sath f&o loss kse show krna h p&l mei?
Plzz guide 🙏🏻
Show 2 different business
@@CASumitSharma Thank u sir🙏🏻😊
Short term capital gain transactions are necessary to update in schedule
Yes
Mai sallry person hu me, meri wife house wife Hain jiska dmat account main handle karta hai mere sallry ka paisa wife aacount me transfer kar ke long term and short term investment karta hu short term me 10k to 20 k profit hota hai to keya mujhe ITR file krna padega or jo main apni wife ke account me paisa transfer me raha wo kaise show hoga wife ke income ya gift, detail me bataye .
Gift k case me clubbing k provisions lagu honge
Very informative video sir ❤
Thanks a lot
sir if margin trading is done for short term capital gains, can interest paid for margin taken be deducted as expense from capital gains? or if it was done for intraday then also, can we take the interest paid as expense from intraday speculative business?
Interest paid for margin trading is not allowed as a deduction when computing short-term capital gains (STCG) or long-term capital gains (LTCG) under the Income-tax Act, 1961. According to the Act, expenses directly related to the transfer of the capital asset can be deducted. However, interest on margin trading does not qualify as a direct expense related to the transfer of the asset; hence, it cannot be claimed as an expense against STCG or LTCG .
Sir can we setoff and carry forward f&O losses in new tax regime?
Yes
Very informative
Thank you 😊
Thanks
Thank you so much Dear Pratik 💞
Koi F&O me trading kar raha hoi aur Book of Account Maintain nai kar raha ho to kya ye person without Books of Account F&O ko trading ki income ITR-3 me dikhakar file kar sakta hai?
Yes
@@CASumitSharma kya kalo ITR-2 k under without books of Account (Equity STCG) and F&O ka loss ek sathe dikha sakte hai?
Please reply
Swing trading on equity come under itr 2?
STCG ITR 2
Sir balance sheet match nahi exp hai hi balance sheet blsahi se bata do
How to prepare balance sheet video already uploaded
bhai non salaried person ke trading account se f@o loss me itr kaise bhare
ITR 3 need to file
We will be happy to Provide you our professional services
8875042000 (Call & WhatsApp)
8875242000 (Calling)
9694842000 (Calling)
Well explained
Thank you 😊
I have invested 3,50,000 of capital in previous year in trading and I have a loss of 20,000. So liabilities total will be 3,30,000 so just to balance the balance sheet can I declare assets of only 3,30,000 even if I have more than that or not ? For example I can show bank balance as 3,30,000 even if it's more than 3,30,000 ?
Actual bank balance need to show
Dividend error
Verification, error found
In Schedule OS/ Schedule EI, the amount of dividend income mentioned is cannot be more than the dividend income reduced from Schedule BP;#;Kindly ensure that dividend income mentioned in schedule OS or schedule EI should be equal to dividend income reduced from Schedule BP.
How to solve it sir
Please provide one video
Ok
@@CASumitSharma
Thanking you sir 🙏
Op sir
?
Sir 3lakh k andar income ho toh share buy or intraday stgc mea itr 3 varke tax dena padta hai
No
Sir
Thank you so much for your help full video
But sir
How to make balance sheet
Give format for make balance sheet please
Will send
Send your email id
Great information ji
Thanks
Sir balance sheet only not understood. Remaining and all ok. How to prepare balance sheet? Any video or link to learn from it
Assets and liabilities need to mention
Sir, I have done FnO and short term trades in my groww account and I do not have any income as I was Student. So while filing ITR, in balance sheet section, How to calculate proprietor fund, can we just enter random number and then what to enter in application of funds ?
Yes you can show
Round figure amount
Sir If liabilities Amount is equal to Assets Amount, then what if I have not shown fixed assets value like mobile laptop & motorcycle in my previous ITR Filling? should I need to show them in current year? Please suggest if I Add these assets in current year for balancing Liabilities = Assets then it might not be questionable as per any of income tax procedure? because these assets I have from last 2-3 years. already.
You can show them now
And equal amount in capital account
Respect Sir,
I am a salaried person and i did intraday transaction and my intraday turnover is 57000 and loss is 18900. Then Audit is required or not and what should i do.. please guide
Audit not required
Sir,
I have Intraday and F&O transactions.
Will it be proper and systematic to show STCG LOSS in the Balance Sheet in ITR 3?
Kindly guide.
Yes
There is separate section for STCG LTCG in ITR 3
Kya hame f&o loss dikhane ke liye p&l and balance sheet banana jaruri hai
Ji
Sir how to file intraday loss and agriculture income, no F&O.
ITR 3 video already uploaded
Sir mai blogging karta hu... Or sath me kuch stock market investment ke through profit kiya hai... To mai konsa itr file karu?
3
How delivery is different from Ltcg/ stcg
Same
Can I show my stcg (holding period 2-3 months) under business income and setoff my f&o loss??