Taxation - Key Points in Taxes in NEW TO TRADING & INVESTMENTS? - Business loss from F&O can be offset against the other heads of income except for income under the head 'Salaries'. ...
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Key Points in Taxes

  1. Key Points in Taxes

    • Business loss from F&O can be offset against the other heads of income except for income under the head 'Salaries'.
    • PF withdrawals made within 5 years are taxable, whether it is statutory Provident fund, Recognized Provident fund or Public Provident Fund.



  2. Thanks for sharing key points in taxes

  3. Gains in F&O

    Profits made in F&O segment is taxable?







  4. Yes profits on F&O are taxable under capital gains.

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