Claim of STCL

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sushil jaiswal (Querist)
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23 June 2017 I am an individual and i have incurred loss in fy 2016-17 in share trading.Its not my business.Just for short term trade.Do I need to claim the loss compulsorily while filing the return?

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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23 June 2017 Yes you have to show in return if you want to c/f it to next A.Y.

sushil jaiswal

sushil jaiswal (Querist)
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23 June 2017 No mam,i dont want to c/f this loss.Do I still need to report loss?Acutally reporting loss will affect my ITR.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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23 June 2017 No need to show.

sushil jaiswal

sushil jaiswal (Querist)
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23 June 2017 Thank you so much mam

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CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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23 June 2017 Wecome........

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