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Only losses in shares then what ITR form to choose

09 July 2018

I have been investing in shares. overall I have made only losses. I can only offset this loss when I make gains. so do I need to report this loss in ITR 1 form ?

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3 Replies

Madhur Asati (25 Points)
Replied 09 July 2018

u have to file ITR 2 to carry forward your loss

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rama krishnan (12234 Points)
Replied 09 July 2018

in order to set off the loss you need to file itr

Deepika Yadav (561 Points)
Replied 09 July 2018

You have to file itr 2 for set off losses.
But you have to file return on or before due date I. E. 31.07.2018 otherwise you are not eligible to set off losses you incurred

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