Hi, I am new t the MArket, I have done some study and found out that Option writing has more POP, so kindly advise me what if I deposit money on my bank account for 30Lac and then transfer it for writing option, what will be the Taxes on my deposited amount?
There are no taxes for depositing money from bank account to trading account. There will be tax only if you make a profit writing options. The rate will depend on the tax slab you find yourself in.
Please understand PRINCIPLE (DEPOSITS) AMOUNT IS DIFFERENT FROM INCOME.
And also, you mentioned you’re new, so better be careful before taking any decisions.