Key Points in Taxes

[rmani84]

• 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.

[efuture]

Thanks for sharing key points in taxes

[shridhara123]

Profits made in F&O segment is taxable?

[yespotu]

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