Comment on Tradetax for income tax returns when trading

numan commented on 07 Mar 2018, 12:36 PM

hello sir, this is my overall loss made for the financial year 2017-18, I have made only loss with no any profit in EQUITY and F&O. So,I have to file ITR or not?

This is my Equity loss.

INTRADAY GROSS PROFIT₹-91,520.30
INTRADAY TURNOVER₹1,20,651.80
SHORT TERM GROSS PROFIT₹4,036.70
SHORT TERM TURNOVER₹3,84,217.20
LONG TERM GROSS PROFIT N/A
LONG TERM TURNOVER N/A
TOTAL CHARGES₹34,391.06

This is my F&O loss.

FUTURES GROSS PROFIT₹-2,27,941.00
OPTIONS GROSS PROFIT N/A
TOTAL GROSS PROFIT₹-2,27,941.00
FUTURES TURNOVER₹2,88,438.50
OPTIONS TURNOVER N/A
TOTAL TURNOVER₹2,88,438.50
TOTAL CHARGES₹64,648.06

Kindly reply me sir, if I have to file ITR or not?

View the full comment thread »