Business Income
- How to file ITR-3 with Zerodha F&O turnover
Step-by-step guide to filing ITR-3 for AY 2025-26 using Zerodha Console Tax P&L data, covering F&O turnover computation, Schedule BP, set-off of business losses, and tax-audit thresholds under section 44AB.
- How to declare F&O as business income in India
Detailed guide to declaring futures and options trading income as non-speculative business income in ITR-3, including applicable sections, turnover computation, expense deductions, and audit thresholds under the Income Tax Act.
- How to claim STT rebate or credit in India
Explains the status of Securities Transaction Tax as a deductible expense for business income traders vs a non-creditable levy for investors, how to report STT paid in ITR-3, and what the pre-2008 STT rebate under section 88E was.
- ITR-3 (Income Tax Return)
ITR-3 is the Indian income tax return form for individuals and HUFs with business or professional income, including traders with F&O activity treated as.