6 Tips & Tricks To SAVE TAXES On F&O Income!

6 Ways to Save Taxes on Income from Futures & Options Trading!
----------------------------------------------------------
► IMPORTANT LINKS

----------------------------------------------------------
► Timestamps

00:00 Introduction
00:40 - 1. CLAIMING EXPENDITURE LIKE...
03:09 - 2. SAVE TAXES BY DECLARING LOSSES? HOW?
05:19 - 3. WISELY CHOOSE BETWEEN OLD & NEW TAX REGIMES
07:34 - 4. PRESUMPTIVE TAXATION SCHEME
09:31 - 5. SAVE BIG BY PAYING ADVANCE TAXES
10:23 - 6. OTHER EXEMPTIONS LIKE...
----------------------------------------------------------
► Background Music Credits:
Beat made by Chuki Beats
----------------------------------------------------------
#TaxSaving #OptionsTrading

[rkssingla]

Very useful video Sir, cleared many doubts about F&O.
Sir, according to you
1)there is no need of audit to carry forward your loss with in prescribed limit
2) presumptive tax regimen. But many CA are not accepting this. Sir can you add references also for validation of your points. It's better if Tax buddy people add reference/link/ page or section no of any standard IT book/rule.

[chanduvn]

I am not a F&O trader, but this video is very knowledgeable, worth watching and sharing 🙏🙏

[KishoreKumar]

Please give more clarity on presumptive taxation scheme as be
1) How is turnover calculation different for futures versus options with few illustrations?
2) How to switch between normal tax & presumptive tax due to loss making years? What are the conditions/consequences?
3) links to reference articles from Taxbuddy

[vishal]

This is very useful information. Have been looking for this info for quite sometime. No one on the internet has answered whether standard deduction of 2.5L and investments under 80c can be deducted from F&O income or not. Thanks a ton for this info.

[Godsvoice]

Very informative, keep it up, gudluck!

[mohaamadshimnaas]

Thank you for this informative video. Sir kindly throw some light on trading F&O in an individual name vs private limited company. What is the threshold of Profit where and if trading with company account is feasible and benficial. Thank you once again for standing tall as a guide and inspiration for us all. Warm regards, Mohamed Shimnas.

[bsrao]

Sir, I would be glad, if you clarify the following doubts. 1) As a pensioner and a trader of F&O, Should I submit ITR3 or anything else? 2) Will you please explain about presumptive taxation scheme in a detailed way?

[myfoodchannel]

This is very useful information .thank you sir

[painter]

timely one.. really clarified one doubt i had- well explained - thanks a lot
DOUBT i had was: if a buy 1 nifty @ 100 * 50 lot size = 5000 then sell same at say 120 x 50 = 6000 ie earn profit (6000-5000) rs 1000. so transcation value as per my thinking was 5000+6000= 11000/ but here u say it would be only rs 1000. is that correct! if so thats great relief as to get a 2 crores transcation value one really would have trade very big ..
but i would appreciate some reconfirmations & remarks on above points by gentlement having knowledge on the topic thanks..

[rajavadivel]

Great video. One small mistake in the example (presumptive income).. You have taken 18 laks as the turnover (10 L profit and 8 lakh loss). The actual turnover to incur these profits n losses should be considered.

[khemar-jltb]

Excellent sir. very crisp & clean.

[PrashantSingh-ktwn]

PR sundar jee ka knowledge jabardast hai

[rajnihora]

A quick calrification needed.
Why different turnover calculation for presumptive income and actual income?

[TheKssunil]

100% worthy video, keep up the good work.

[nageshshiva]

Cleared all doubts. Thankyou so much sir

[roooo]

Thanks sir for very useful information. One question sir in last video on 4 September you lot limit for Audit is 10Cr, this video 2Cr. Which one to follow. Thanks

[harikrishnan]

Sir please make a video to taxation of salaried people who are doing cash market trading at share market

[pravat]

Great Learning for Free I can’t believe

[SupratimBhowmick]

Irrespective of whether you are making profit or loss auditing is not mandatory as long as turnover is within limits. But if you want to carry over the loss to subsequent years auditing is must even if your turnover is within the prescribed limit. Only those who have incurred F&O loss, had turnover within the limits and filed IT return last year will know I am correct. It is also very written in the ITR instruction file.

[adithyaabbayikoppada]

Valuable information, thank you very much