If you’re trading in Intraday and Futures & Options (F&O) segments, it’s important to know that these activities are considered business income and are reported under the Business and Profession (B&P) category.
As Intraday and F&O is considered as a business income, you are required to file ITR 3
Steps to add Intraday and F&O income
Here are ways to add your Intraday and F&O income:
- Import from Broker's apps
You can connect your broker’s app directly from the top brokers integrated with us.
- Navigate to File > Business & Professions > Add Business
- Select Trading Securities - Intraday and F&O > Import from Investment Apps
- Choose your broker, click Connect, and log in to your account.
- Once connected, your trading data will be retrieved automatically.
Broker isn't listed with us? Don't worry, you can still import your data using an Excel Template or Add Manually.
- Import using P&L report
If you have multiple settlements, upload your Profit & Loss (P&L) report.
- Navigate to File > Business & Profession > Add Business
- Select Trading Securities - Intraday and F&O > Upload P&L report
- Proceed by entering Business details
- Fill in your trade details according to the broker’s P&L report.
- Upload the P&L report and you are all set.
- Add Manually
If you have few settlements, you can add trade details manually.
- Navigate to File > Business & Profession > Add Business
- Select Trading Securities - Intraday and F&O > Add Manually
- Proceed by entering your Business details.
- Fill in the required fields for Future & Options and Intraday
- Once details are entered, click on Save.
Need help using the Excel template or adding trade details manually? Here's a detailed step-by-step guide:
- How to import Intraday and Futures & Options income using an Excel template?
- How to add Intraday and Futures & Options income manually?
Still need help? You can raise a ticket to get in touch with us.