Loss from shares??

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Danish (Querist)
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01 April 2015 i trade in stocks intra day delivery my query is i have loss under both categories under which head i can show it in itr which itr to use whether set off possible how long they can be carry forward??

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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01 April 2015 it is considered as business loss and you need to file itr4 only in this case.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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01 April 2015 ITR4S can also be used. Loss can be carried forward for 8 years.

Also see below links for details:

https://www.caclubindia.com/articles/taxation-of-stock-market-profit-and-loss-23321.asp#.VRwKP_mUe3s