F&O Trading - Deduction of expenses

You can opt for presumptive scheme; consider 6% on turnover as your income and pay tax accordingly to avoid avoid and carry forward of loss.

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What office expenses a full time trader can deduct ?

Hi @Private,

A trader can claim expenses incurred wholly with respect to the trading business. Here’s an article the explains the same in detail.

Hope this helps!

How to find out my turnover