F&O Income taxed under which head of Income?

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  1. franky

    franky New Member

    If a salaried man is earning an income from futures and options , under which head this income will be shown ?
    And at the end of the year if such person has an unsettled futures and options , will this also need to be disclosed.?
     
  2. Karan Batra

    Karan Batra Well-Known Member

    Income arising from trading in Futures & Options (F&O) would be taxed under head - "Income from Business/Profession".
     
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