https://www.taxtmi.com/forum/issue?id=121093 Presumptive taxation under section 44AD may apply to an eligible main business with qualifying digital receipts, while futures and options activity may be reported separately as normal business income in ITR-3. Tax-audit exposure for futures and options depends on turnover computed under applicable audit principles, rather than broker-reported figures. Eligibility for presumptive taxation, the nature of the principal business, cash-receipt conditions, and correct computation of derivatives turnover require verification. en-us Fri, 28 Aug 2026 20:38:22 +0530 Sun, 30 Aug 2026 19:26:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=121093 Presumptive taxation under section 44AD may apply to an eligible main business with qualifying digital receipts, while futures and options activity may be reported separately as normal business income in ITR-3. Tax-audit exposure for futures and options depends on turnover computed under applicable audit principles, rather than broker-reported figures. Eligibility for presumptive taxation, the nature of the principal business, cash-receipt conditions, and correct computation of derivatives turnover require verification. Discussion-Forum Income Tax Fri, 28 Aug 2026 20:38:22 +0530 https://www.taxtmi.com/forum/issue?id=121093