Salaries, Income from business + Loss on Share - Which ITR FORM TO FILE?

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This discussion addresses which Income Tax Return (ITR) form is suitable for an individual with salary income, a sole proprietorship business, and losses from share trading. The user previously filed ITR-4 but is seeking guidance for the current financial year, particularly regarding the treatment of share market losses. The recommended form is ITR-3, which accommodates these varied income and loss sources.

praveen Nautiyal

praveen Nautiyal (Querist)
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26 July 2023 Dear Sir,

I am a Salaries person & i have a small business (sole proprietor) there is turnover of 25 lac fy 2022-23 + i have loss in share market -150000.

Last year, I filed ITR-4 for FY 2021-22 and also please tell if ITR-4 IS SUITABLE FOR ME,I would appreciate it if you could tell me the where the loss on the shares will be shown IN ITR-4.

I request you to please suggest me which ITR form suitable for me.