F&O & Intraday Trading Tax Filing

For F&O, turnover is generally the absolute sum of profits and losses on each trade (plus premium on options sold, per ICAI guidance). This is not the same as your total contract value. Getting it right matters because it determines whether a tax audit applies. We compute it precisely from your broker data.

Not always. An audit under Section 44AB depends on your turnover and whether you declare profits below the presumptive rate. With turnover under ₹10 crore and most transactions digital, many traders avoid audit. We assess your specific case and advise clearly.

Yes. F&O losses are non-speculative business losses and can be carried forward for up to 8 years to set off against future business income — but only if you file your ITR before the due date. Intraday (speculative) losses carry forward for 4 years against speculative income.

F&O and intraday income is business income, so it is reported in ITR-3 (or ITR-4 under presumptive taxation in limited cases). We file ITR-3 and combine it correctly with your salary and capital gains.

Yes. We work directly from the tax P&L statements provided by Zerodha, Upstox, Groww, Angel One, Dhan and other brokers, so you do not have to compile anything manually.