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Income tax

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18 July 2014 hi sir e.g A has brokarage income of Rs 213000 on which tds deducted u/s194h 21300 but he has incurred actual loss of Rs 100000 .I.e expenses loss rent exps. depri.and salary exps. then in it return itr4 we should show loss or not ? is there any problem in future if we show loss in itr 4 ?????
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
18 July 2014 u can show exp incurred in itr and reduce the commision income so then the taxable profit i.e commision income - exp incurred to earn such income is allowed to get it deducted.


but what loss u have incurred.
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