If I have carried forward open FnO positions from current fiscal to next fiscal year, then what do I need to specify in IT return

If I have carried forward open FnO positions from current fiscal to next fiscal year, then what do I need to specify in IT return. For the completed transactions I have buy and sell both prices and the profit/loss. But I am unable to find what should be declared for open positions.
Should we calculate MTM till 31st march and declare it as profit loss, or not declare open positions at all?

Hi @Vaibhav_Tikam, you will have to show the open FNO position at the prices in which you entered under the head of “Other Current Assets”. It is not required for you to show MTM as provisional losses and gains are not allowed in taxation.
Please let me know if you you have any other queries. Would be glad to help. :blush:

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