📈 Master F&O Taxation in 2024 | Income Tax on F&O | TaxBuddy скачать в хорошем качестве

📈 Master F&O Taxation in 2024 | Income Tax on F&O | TaxBuddy

F&O traders declaring profits at just 6% of the turnover are getting notices from the Income Tax Department, a practicing CA told LiveMint. It is as tough to understand F&O taxation as it is to make profits from these derivatives. However, in this video, we will break down the intricacies of F&O in a way that even a layman can understand. Video chapters: 0:00 Introduction 1:32 What are Futures and Options derivatives? Basics of F&O taxation 3:25 How is turnover calculated for tax purposes? 5:14 Which all expenses can be claimed? 6:28 Provisions of presumptive taxation under section 44AD 8:50 Advance Tax for F&O traders 9:30 Points to note while opting for 44AD presumptive taxation 10:00 Which ITR Form to File? 10:25 Outro Book a call with our experts for assisted ITR / belated ITR filing using this link: https://www.taxbuddy.com/itr-filing CONNECT WITH US: Instagram:   / taxbuddy1   Facebook:   / taxbuddyofficial   LinkedIn:   / tax-buddy-india   X:   / taxbuddy1   Website: https://www.taxbuddy.com/ If you like this video, hit the subscribe button, and don’t forget to press the bell icon 🔔 to never miss an update from us. Thank you! #taxaudit #futuresandoptions #tax