Government Employees is eligible to do trading or not?
Can you conclude the link?
nope
Can’t trade in fno I guess. Due to its speculative nature.
No. A government employee cannot engage in business activities. Both intraday equity trading and futures and options (F&O) trading are considered businesses. Anyone with both salary income and income from trading is required to submit an ITR 3. Government employees, however, are required to submit an ITR 1. If you are a government employee and submit an ITR 3 to your accounts department, you will be charge sheeted and face disciplinary proceedings.
I am filling ITR 3 since last 2 years. Hope I don’t have to face the same
Which government do you work for? Is it government department or undertaking?
Government department bro
Don’t submit ITR copy, whatever be the reason.
Why to submit ITR copy? I never submitted nor office ever asked?
This typically occurs when there is a dispute regarding the sanctioning of a loan or the declaration of property.