Future & Options Plan
About This Plan
Future & Options Plan is specially designed for individuals engaged in trading Futures & Options (F&O) in the stock market. Since F&O trading is treated as business income under the Income Tax Act, it requires specialized reporting, accurate profit/loss computation, and compliance with tax regulations.
This plan ensures your turnover, profits, losses, and expenses are properly reported, and also enables you to claim and carry forward unadjusted losses to future years for tax benefit.
👉 Note: This plan is only for individuals who deal in Options & Derivatives trading.
📝 Applicable ITR Form
ITR-3 → For individuals trading in F&O (business income), including carry forward of losses.
⚠️ F&O traders cannot use ITR-1, ITR-2, or ITR-4.
Choose Between:
Services Included
| Services Included | Regular Filing | Live Filing |
|---|---|---|
|
End-to-end ITR filing support for F&O traders |
✅ (via messages & on-call) |
✅ (via live video call with expert) |
|
Computation of F&O turnover, profits & losses |
✅ |
✅ |
|
Incorporation of trading expenses (brokerage, internet, depreciation, etc.) |
✅ |
✅ |
|
Handling of business income taxation rules for F&O |
✅ |
✅ |
|
Reporting and carried forward of F&O losses (as per IT Act) |
✅ |
✅ |
|
Validation of tax computation by senior tax experts |
✅ |
✅ |
|
Support in case of queries or notices related to filed return |
✅ |
✅ |
|
Priority support for faster resolution |
✅ |
✅ |
|
Personalized one-to-one filing session |
❌ |
✅ |
|
Real-time Q&A with expert while filing |
❌ |
✅ |
Who Should Buy This Plan?
This Future & Options Plan (Audit) plan is ideal for:
- Individuals trading in Futures & Options (derivatives).
- Retail traders dealing exclusively in Options contracts.
- Salaried/self-employed individuals with additional F&O income.
- Traders who need to carry forward F&O losses to offset future income.
- High-volume F&O traders requiring expert computation of turnover & P&L.
- Anyone looking for a live, personalized session for clarity & confidence
Initial Documents Required 📑
Applicable Only If Opting for Old Tax Regime
- Form 12BB (deduction claim)
- LIC/PPF/ELSS/NPS proofs (80C, 80CCD)
- Health Insurance Premium Receipts (80D)
- Donation Receipts (80G)
Additional Documents (As Required, Based on Income)
- If Salaried + F&O: Form 16.
- If House Property Income: Rent Receipts, Loan Interest Certificate.
- If Other Sources: Bank FD/Post Office Interest Certificates.
Before Starting Filing (Mandatory)
- PAN Card (must match Aadhaar)
- Broker’s Trading & Ledger Statement (full-year).
- F&O Turnover & Profit/Loss Report.
- Bank statements linked to trading account.
How It’s Done
Our process is 100% online, expert-driven, and hassle-free. Choose between Regular Filing or Live Filing based on your convenience.
Live Filing (One-to-One Session)
Plan purchased → Client receives a Google Meet link
TPO collects documents during the live session
TPO prepares and compiles return live on video call
Real-time review & clarification of computations
If tax is payable → Challan issued & client pays instantly
Return is filed during the session itself
Client receives ITR acknowledgement on the spot
Regular Filing (End-to-End Expert Assisted)
Plan purchased → TPO (Tax Preparation Officer) assigned
Client uploads documents via WhatsApp
TPO assesses documents & compiles tax details
If required, TPO requests additional documents
TPO prepares and shares computation sheet with client for review
If tax is payable → Challan issued, client makes payment
TPO files the return after confirmation
Client receives ITR acknowledgement
