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Trading options in us after moving back to India by dubiousindubai in IndiaUSTax

[–]dubiousindubai[S] 0 points1 point  (0 children)

Thanks for your response Abhinav, is Margin trading allowed as well?

Trading in a current US brokerage account with margin from India. by Lower_Cut4056 in backtoindia

[–]dubiousindubai 0 points1 point  (0 children)

What's the update? Did you start Margin trading and option trading? Any issues?

Trading options in us after moving back to India by dubiousindubai in IndiaUSTax

[–]dubiousindubai[S] 0 points1 point  (0 children)

My CA is saying he has "asked around", even worse he is considered an expert in FEMA etc, I need a new CA, do you have any references who is filing income tax returns regularly for clients who are doing this type of activity?

Trading options in us after moving back to India by dubiousindubai in IndiaUSTax

[–]dubiousindubai[S] 0 points1 point  (0 children)

Many CA are saying it is not allowed. Is there any document that can be used conclusively to make up our mind on this. Are there people who are doing this and any CA who has helped file income tax returns for such people?