ITR FNO

About

A narrow tool for the work between a broker report and ITR-3

Broker platforms produce detailed trading records. Filing software expects finished financial statements. ITR FNO exists to organise the difficult middle into a workpaper a CA can inspect.

Scope: ITR FNO produces automated, source-linked workpapers for CA review. It is not an e-filing service, legal opinion, tax audit, or substitute for your chartered accountant. Your CA decides the tax position and files the return.

Why this problem

AY 2026-27 adds separate F&O and intraday disclosures to ITR-3 while balance-sheet, profit-and-loss, audit, and no-account questions remain. Broker statements contain much of the raw material but usually do not answer bank balance, capital movement, presumptive history, delivery classification, or audit judgment.

General filing products can import trades yet still ask the taxpayer to prepare financial statements or route audit cases to a CA. ITR FNO focuses on that preparation gap rather than portal automation.

Three operating principles

  1. Show the source. A figure points to a sheet and label or states its derivation.
  2. Never plug a gap. Missing evidence becomes a blocker or review flag, not a convenient balancing number.
  3. Leave judgment with the professional. The service shows arithmetic and competing considerations; it does not recommend 44AD, decide audit, or file.

What is proven and what is not

The parser has been checked against seven real Zerodha Tax P&L workbooks with a common 11-sheet layout. Those files contained no F&O or intraday activity. The relevant F&O path is therefore currently exercised by synthetic files constructed to match that real layout, not by paired real trader files and CA-finalised outputs.

Obtaining two or three real, consented F&O cases with final CA figures is a validation prerequisite before claiming measured accuracy. Until then, we describe the output as automatically prepared, CA-reviewed assistance, pending independent validation.

What we deliberately do not build

We do not store tax-portal credentials, automate OTPs or filing, provide a blanket audit recommendation, or pretend to automate judgment-heavy Form 3CD. AY 2026-27 is the final assessment year under the 1961 Act; Form 26 replaces the current audit forms from TY 2026-27, making a narrow, reviewable workpaper more durable than hard-coding an expiring audit form.

Work with us

Chartered accountants with anonymised or consented paired cases can help validate the workflow. Read how preparation works or contact ITR FNO.