Stock Market Tax Filing

Overview

One demat account, three different tax treatments

Intraday trading is treated as speculative business income and taxed at slab rate, with losses only settable against speculative gains. F&O trading is non-speculative business income, also at slab rate, but its losses can offset most other income, and turnover computed for tax-audit purposes needs care. Delivery-based holdings are taxed as capital gains — short or long-term depending on how long they were held. Filing all three correctly, in the right ITR form, is what keeps your return audit-proof.

Trades classified by type, not lumped together

Intraday, F&O, and delivery-based transactions are separated and taxed under their correct head, not filed as one blended number.

Turnover and audit applicability checked

F&O turnover is computed properly to confirm whether a tax audit is required, avoiding both unnecessary audits and missed ones.

Losses carried forward, not wasted

Speculative, non-speculative, and capital losses are tracked and carried forward under their respective time limits so future gains can be offset.

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A quick estimate to get you started — for a precise number tailored to your situation, book a consultation

Tax regime

Annual income (₹)

₹

₹0₹25L₹50L+

Estimated tax payable

₹ 97,500

Effective rate 6.5% · new regime on ₹15,00,000

Taxable income₹ 14,25,000

Tax as per slabs₹ 93,750

Health & education cess (4%)+₹ 3,750

The New Regime saves you ₹ 1,59,900 compared to the Old Regime.

Illustrative estimate for FY 2025-26 — assumes salaried income eligible for the standard deduction, and includes the Section 87A rebate and 4% cess. Surcharge is applied at a flat rate without its own marginal relief. Does not account for other deductions or individual circumstances. Book a consultation for an exact figure.

Simple, from start to finish

How it works

Book a consultation

Tell us what kind of trading you do — intraday, F&O, delivery, or a mix.

Share your broker statements

P&L statements, contract notes, and ledgers, shared securely for the full financial year.

We classify and compute

Each transaction type is separated, turnover is computed, and audit applicability is checked before the return is drafted.

File & confirm

We file in the correct ITR form with schedules for business income and capital gains, and send you the acknowledgement.

Typically 4–6 days depending on trade volume and audit applicability

Questions

Frequently asked

01Is intraday trading taxed like capital gains?

No. Intraday trading is treated as speculative business income and taxed at your slab rate, not at capital gains rates — and speculative losses can only be set off against speculative gains, never against salary or other income.

02How is F&O trading income taxed?

Futures and options trading is treated as non-speculative business income, taxed at slab rate. Its losses can be set off against most other income (except salary) in the same year, and carried forward for up to eight years if not fully used.

03Do I need a tax audit if I trade F&O?

It depends on your turnover (computed on absolute profit/loss across trades, not contract value) and whether your profit is below 6% of turnover while your total income exceeds the basic exemption limit. We check this against the actual thresholds before filing.

04Can I set off losses from one type of trading against another?

Not freely. Speculative (intraday) losses can only offset speculative gains. Non-speculative (F&O) losses can offset most other income. Capital losses from delivery-based trades can only offset capital gains. Each pool is kept separate.

05Why book a consultation instead of filing this myself?

Classifying intraday, F&O, and delivery trades correctly, computing turnover for audit purposes, and tracking three separate loss pools across years is where most self-filed trader returns go wrong — and errors here are a common reason for scrutiny notices.

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