Comment on Zerodha - your tax aide while you trade

Chinmaya Kumar commented on 19 May 2015, 05:20 PM

Hi Nithin,

As per your above reply I have the following query for the 2014-15 Financial year.
I have profit of Rs.1890 in Equity and Loss of Rs.1,11552 in F&O
So i need to show this loss in Row 50 is for purchases section and Profit [Equity as well as F&O]in either row 4 or 5, under sale of goods/services.
So this loss will be tax exempted ?If I am falling under 10% then i will be getting back around approx.10k

2.Do i need to file ITR-1 for my regular filing purpose[Salary earning] or there is any provision here in ITR-4 to mention that as well?

Thanks,
Chinmaya

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