About FnOTax India
An independent, source-verified publication for Indian retail F&O traders. We translate the Income-tax Act 1961, the Income-tax Act 2025, CBDT circulars and ICAI guidance into practical answers on turnover, tax audit, ITR-3 filing and loss carry-forward.
Why we exist
The information gapIndia had roughly 9.6 million active F&O traders in FY 2024-25. The income-tax treatment of their trading — what counts as turnover, when an audit is triggered, which ITR form applies, how losses set off and carry forward — is decided by a handful of sections in the Income-tax Act and a single ICAI Guidance Note. Most popular guidance online still cites outdated thresholds, mis-applies the 2022 ICAI turnover revision, or hasn't yet caught up with the Income-tax Act 2025 that commences on 1 April 2026.
FnOTax India exists to close that gap. Every indexable article cites the primary source directly, names both the 1961 Act and the 2025 Act sections that apply, and flags the assessment year from which each change takes effect.
How we are different
Our standardsSource-first
No claim ships without a pinned gov.in citation. We build strictly on verified tax law and official circulars.
Dual-citation framing
Every article names the 1961 Act section, its 2025 Act successor, and the AY from which the change takes effect.
Honest review labels
Badges are never blurred. The Source verified and CA reviewed badges are strictly gated and verifiable.
No paid editorial
We do not accept guest posts, sponsorships, or paid placements. Our standards remain completely independent.
What you can do here
Explore the vaultPillar Hubs
Explore our deep-dives on F&O Tax, F&O Loss, Tax Audits, Turnover, and ITR-3 filings.
Interactive Tools
Calculate your turnover, check audit applicability, and select the correct ITR forms.
Article Library
Read detailed, question-routed guides verified against official tax sources.
Common FAQs
Find straightforward answers to the most common tax questions asked by retail traders.
What we are not
Clear boundaries- We are not a CA firm. We do not perform statutory audits or sign Form 3CA-3CD.
- We are not a filing service. We do not file ITRs on your behalf.
- We are not authorised representatives. We do not appear before the tax department.
- We are not a substitute for personalised tax advice. Our content is educational guidance grounded in primary sources.
Get in Touch
For editorial enquiries, corrections, or general feedback, email us at: editorial@fnotax.com or visit our contact page.
Contact pageEditorial Board
Our team reviews every piece of content against strict citation requirements. Read our guidelines.
Editorial Standards