ITR filing for F&O traders: Turnover isn’t trade value. Experts explain how to calculate it
The 31 July deadline for filing income tax returns (ITRs) has passed for most individual taxpayers. While those who missed the deadline can still file a belated return, F&O (futures and options) traders who are required to undergo a tax audit now have another important date to keep in mind: 31 August. For these taxpayers,…