F&O Trading Tax & ITR-3 Filing
Futures and options income as non-speculative business income
- 1ComputeTurnover and profit/loss computed.
- 2CheckAudit applicability and set-offs reviewed.
- 3FileITR-3 filed by the due date.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About F&O Trading Tax & ITR-3 Filing
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
Futures and options trading on recognised exchanges is non-speculative business income, reported in ITR-3 and taxed at slab rates. You can deduct brokerage, internet, advisory subscriptions, interest on borrowings and depreciation on equipment. F&O losses can be set off against any income except salary and carried forward for eight years if you file on time. Tax audit depends on your turnover, which is the sum of absolute profits and losses on each trade — not the contract value.
Most F&O traders with losses still need to file — on time — to carry the loss forward. Filing ITR-2 by mistake, or missing the due date, is how traders lose years of carried-forward losses.
We pull your broker's tax P&L, compute turnover as per the ICAI Guidance Note, check tax audit applicability, claim legitimate expenses, and file ITR-3 with balance sheet and P&L in the format the portal expects.
| Head of income | Business income (non-speculative) |
|---|---|
| Form | ITR-3 |
| Turnover | Sum of absolute profit and loss on each trade |
| Tax audit | Turnover above ₹10 crore (all-digital), subject to presumptive-tax rules |
| Loss carry-forward | 8 years, against business income; only if filed by the due date |
Who this is for
Common scenarios where this service is a good fit.
- Futures and options traders
- Salaried employees who trade F&O on the side
- Traders with large losses to carry forward
What you get
Clear deliverables so you know exactly what's included.
- Turnover and P&L computation
- Expense and depreciation claims
- Tax audit check
- ITR-3 filing
- Advance tax planning
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Turnover and profit/loss computed.
Audit applicability and set-offs reviewed.
ITR-3 filed by the due date.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
This page also covers
- Options selling tax
- Premium income and its treatment.
- Commodity and currency derivatives
- Exchange-traded derivatives on recognised exchanges.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
