Capital losses.

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I had a short term capital loss in fy 2014-15 and i filed my returns on 12th March 2016..since it is a belated return ITR is still allowing me to carry forward STCL.Why it is allowing?
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Originally posted by : ammy raheja
I had a short term capital loss in fy 2014-15 and i filed my returns on 12th March 2016..since it is a belated return ITR is still allowing me to carry forward STCL.Why it is allowing?

stcl allowance not depend on when your return filled it is depend upon when transaction happend

Its called SOFTWARE BUG

In practise, during processing it will be disallowed!!

Thanks for the reply


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