ITR filing for F&O traders: Turnover isn't trade value. Experts explain how to calculate it
· livemint.com
F&O traders need to understand turnover calculation before filing ITR. Check how futures and options turnover is computed, why it affects tax audit rules, ITR-3 filing, books of accounts, and compliance requirements before the August 31 deadline.
The 31 July deadline for filing income tax returns (ITRs) has passed for most individual taxpayers. While those who missed the deadline can still file a belated...