I have made profit in Fno and some STCG I have made profit in Fno and some STCG

9 months ago

I made 6500 gross profit in Fno in fy22-23 and some 300 rupees in STCG. Should I file my ITR and if yes then in which form? ITR2/3?

My turnover for both equity and options is approx 43000 only

Anik

Responded 9 months ago

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A.Dear client,
ITR filing is mandatory if income exceeds the maximum exemption limit. If investors instead make a loss on their F&O activity through the financial year, they have no income to report and as such do not need to file an ITR
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