Find
F&O profit is business income taxed at your normal slab rates, not the special rates for capital gains. Net profit after expenses is added to your other income.
ITR
Updated . Every paid answer is checked by a CA. Free AI answers are labelled until a CA verifies them.
F&O profit is business income taxed at your normal slab rates, not the special rates for capital gains. Net profit after expenses is added to your other income.
Sec 28 (now Sec 26); Sec 115BAC (now Sec 202)
If salary is ₹12,00,000 and F&O net profit ₹6,00,000, total income is ₹18,00,000 and the F&O part falls in higher slabs. The 15% and 20% rates people mention apply to short-term capital gains on delivery equity, not F&O. Plan advance tax on that basis.
Connect now
A Savvy replies in minutes.
Fixed price before you pay. Your Savvy is paid only after you accept the work.
General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.