Income From Business and Profession

Vishviji sonagra is the founder of tax filing portal quiko. He explains to our listeners which form should be adopted for reporting evenu income. If you have been trading in futures and options, then it's reported under income from business and profession. Intrody trading activity is considered speculative trading,. However, futures and options contract are considered non speculative trading activity. It will be reported under non speculative business profession income. For anybody who is income frombusiness and profession needs to file form itor three. Yes. I wish vigit, welcome to why not meant money patka.