Sir, I tried to file IT Return through Quicko. Everything was excellent except one thing. As I am a salaried person, I have to enter exempt incomes under section 10 (like children education allowance, uniform allowance, travelling allowance etc). I couldn't find where I have to enter all these things. In the salary summary page it is showing that "exempt income under section 10 is zero". But I couldn't get where I have to enter these exempt incomes. Kindly help me..
For this, you’ll have to go to ‘Other Incomes.’ - Scroll below and click on ‘Any Other’. - Here, there’s a field for ‘Exempt Income’ where you can enter the amount and Save. This will not be added to your taxable income.
Your income from F&O trading will be treated as business income and you need to file ITR-3. Maintaining books of accounts is mandatory if your business turnover exceeds ₹25L or profits exceed ₹2.5L. Moreover, a tax audit is mandatory if your business turnover exceeds ₹10Cr.
@@Quickoif there is income from FnO, turnover is 2.5L and profit of 1.2 L. Then books needs to maintain or not?? Pls tell which is better ITR3 OR ITR4? REQUEST TO REPLY PLS
What is presumptive taxation scheme ?? How do you opt for it and what is the use of it ?
Salary+short term capital gain, which ITR is applicable?
ITR 2?
@@kdk342 You can file ITR-2.
ITR-2
salary plus FnO/intraday trading. which ITR form should use?
ITR-3
Sir, I tried to file IT Return through Quicko. Everything was excellent except one thing. As I am a salaried person, I have to enter exempt incomes under section 10 (like children education allowance, uniform allowance, travelling allowance etc). I couldn't find where I have to enter all these things. In the salary summary page it is showing that "exempt income under section 10 is zero". But I couldn't get where I have to enter these exempt incomes. Kindly help me..
For this, you’ll have to go to ‘Other Incomes.’
- Scroll below and click on ‘Any Other’.
- Here, there’s a field for ‘Exempt Income’ where you can enter the amount and Save.
This will not be added to your taxable income.
Aapka portal se itr 3 fill nhi ho rha h😢
Nice
Salary/Pension + FnO Income and Loss.If Profit 5Lakh and Turnover Moretan 2 Crore which ITR to File Whether BOOKS OF ACCOUNT AND AUDIT REQUIRED
Your income from F&O trading will be treated as business income and you need to file ITR-3.
Maintaining books of accounts is mandatory if your business turnover exceeds ₹25L or profits exceed ₹2.5L.
Moreover, a tax audit is mandatory if your business turnover exceeds ₹10Cr.
@@Quickoif there is income from FnO, turnover is 2.5L and profit of 1.2 L. Then books needs to maintain or not??
Pls tell which is better ITR3 OR ITR4?
REQUEST TO REPLY PLS
For investors which tax form should file
ITR 2?
Same question just a investor rarely will sell stocks so which category should I file? No salary no other business
If you are an investor with long-term and short-term capital gains, you can file ITR-2.
What about F&O losses
You'll have to file ITR-3