Intraday Trading Income Data Feeding

ExpressITR || Process to Feed Intraday Trading Income


Process to Feed Intraday Trading Income

Follow the steps below to accurately feed intraday trading income in the system:

Step 1: Access Client Profile
  1. Open the relevant client’s profile in the system.
  2. Navigate to the ITR Summary section.
  3. Click on the button under Return Flow to access the applicable ITR options.
      

Step 2: Navigate to the Business Profession Head
  1. Go to the Business Profession Head section to input business-related details.
      

Step 3: Add Business Information
  1. Click on Add Business to begin entering the required business details.
  2. Provide the following information:
    1. Type of Business
    2. Business Name
    3. Nature of Business
    4. Trade Name
    5. Description
  3. Once all details are entered, click Done or press the Esc key to save the information.
      

Step 4: Input Intraday Trading Income
  1. Navigate to the Financial Statement section and open the Trading Account.
      
      
  1. In the Trading Account, locate Point No. 12a and 12b to input intraday trading details:
    1. Point No. 12(a): Enter the Turnover from Intraday Trading.
    2. Point No. 12(b): Enter the Income from Intraday Trading (transferred to the Profit and Loss account).
      

By completing these steps, the intraday trading income will be properly recorded, ensuring accurate representation in the ITR filing process.

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