Taxation of Trading in Future & Options
This article is about how trading in derivatives is to be treated under the Income tax. Derivative trading (trading in future and options or F&O on stocks, currencies, and commodities) has become a hot topic amongst investors. Unfortunately, though, most people ignore reporting of transactions of F&O in there Income Tax return. Here we have tried to explain the same in very simple terms. If you are an F&O trader and struggling to understand how to tackle your taxes, read on below