Filing Up ITR 4

Hi,

I am confused in filing the ITR-4 excel sheet. I have traded in equities short term ,long term ,and also traded in F&O and commodities. I got losses in all the three trading options. I have also income as salaried employee. How can i show my losses in ITR-4 ? Can u help me by providing a copy of filled ITR 4 using Ledger and profit loss details . I can mail to you in case if u need my legder or PL reports

Please respond to my query as early as possible.

Hi Ravi,

Did you get answers to your queries? I'm in the same boat as you are salaried, traded in Delivery, Intraday, & F&O.

Appreciate you sharing any information you get about this.


Thanks,
Manish

I Can help you to file your return if you could give details .


Regards,

Trady

A govt servant can not involve in a business activity. What action can IT Dept take if a govt employee trades in F&O, as F&O income is treated as Business income.

Speculation is different from Business.

Hi Trady
I am a new day and positional trader.
I shall be thankful if you please let me know what sort of details are needed to file IT return, so that I keep on collecting necessary documents/papers along with.
Thanks

Hi Trady
As far as I know, trading in F&O is treated as business and F&O income as business income and income/loss from intraday trading in equities as speculative income/loss. Please correct me if I am wrong.
Further I want to know if I invest in equities, take delivery and sell it in a week time then it is speculative gain or short term gain. If it is ST gain then it is OK, otherwise what is the minimum holding period for ST gain.
Thanks