Where do we enter stcg and intraday income in ITR 3?

ITR 1083 views 6 replies

Hello everyone. My friend had filed ITR through third party websites before because he had only FD interest. This year he invested in stock market, so he has some STCG and intraday business income, he also got some dividends from companies.

We tried to file ITR 3 ourselves, but as you know it is vast, so we could not fill it properly and we wanted to buy paid plans but the charges are big for our small income. So, we are asking for your help.

We need to know which sections we have to fill these in.

1)STCG on equity shares

2)intraday business income

Exempt income

1)savings account intrest

2)ppf interest

3)dividends from shares

Mr. Dhirajlal Rambhia and others, can you please tell us.

Thank you.

Replies (6)

Anybody, Mr. Rambhia and others, can you tell us.

1)STCG on equity shares

Schedule CG....... Sr. no. 2

2)intraday business income

Under Schedule BP .... Its PGBP income and if profit margin more than 6% go for sec. 44AD

Exempt  income

1)savings account intrest ... Schedule OS

2)ppf interest 3)dividends from shares both Schedule EI

Thank you very much for the reply Mr. Rambhia.

For STCG, serial number 2 in schedule CG says slump sale, but we have paid STT, so is it serial number 3?

For intraday business income, turnover is 6336 and intraday profit is 2724, no audit required, so which one?

Is saving interest is serial number 1, b)Interest (excluding taxable at special rates), Gross?

Thank you very much Mr. Rambhia.

1. Yes, its typo mistake... but sr. no.3 is correct.

2.  Correct, can be declared under 'no accounts to be maintained' case...... So, No audit applicability.

3.  Yes, correct.......... & the same can be claimed back u/s. 80TTA.....

Good Luck ...

Thank you very much for the information Mr. Rambhia, we will enter the details as per your information.

HI Dhirajlal sir,

I need to show my intraday loss in ITR3.
My speculative turnover is 58634 and loss is 25870.
Can somebody help me in mentioning the sections where I need to fill this info in ITR3.
Also, how do I carry forward these losses
Note: I have had profit from STCG that I am able to fill up in Schedule CG

Thanks in Advance


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