Comment on Classifying Your Market Activity

Nithin Kamath commented on 04 Jan 2017, 03:38 PM

1. There is nothing like declaring. You use an ITR 4 and show all F&O under business income and equity investments under capital gains.
2. Ah, doesn’t matter how many accounts you have. You just just file ITR4 like I mentioned above. Combine all capital gains and show as one on ITR4.
3. There is no status as such to switch, just start using an ITR4 from this year. That’s it.

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