Comment on Taxation Simplified

lala33 commented on 27 Jun 2013, 09:18 AM


I traded in equities, FNO and commodities in last FY, incurred losses. How do I declare all the three segments in ITR 4 ? I do trading full time from home. Can I add my house rent, electricity expenses, broadband charges, advisory charges etc to my loss while filing the returns ? Also, I work from home and is it possible to take the full value of electricity charges and rent for adding the loss or I have to work out some pro rata value for it ?

Could you please explain what is actual turnover, how one can calculate it ?

Thanks in advance.

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