04 July 2013
In financial year I had so many mcx transaction in my account but overall booked loss of 40000 is there any necessity to file income tax return
05 July 2013
Loss return should be filed in order to get refund of TDS from any other income head like salary,interest.Also,in order to carry forward the loss for the subsequent years to set off the profits in future.
CAclubindia
