Most F&O traders are bleeding money on taxes because they're clueless about what they can actually write off.
5 expenses you can claim that most degens miss:
1. Trading platform fees & commissions
2. Data subscription costs (charting tools, premium APIs)
3. Internet & electricity (proportional to trading activity)
4. Depreciation on trading hardware
5. Professional fees (CA, tax advisors, audit costs)
File ITR-3 correctly. Stop leaving money on the table.
This applies to crypto F&O too if you're trading derivatives in India. Know your deductions or stay rekt by taxes.
5 expenses you can claim that most degens miss:
1. Trading platform fees & commissions
2. Data subscription costs (charting tools, premium APIs)
3. Internet & electricity (proportional to trading activity)
4. Depreciation on trading hardware
5. Professional fees (CA, tax advisors, audit costs)
File ITR-3 correctly. Stop leaving money on the table.
This applies to crypto F&O too if you're trading derivatives in India. Know your deductions or stay rekt by taxes.