Indraday loss (speculation) show in itr

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 August 2018 ONE OF CLIENT HAVING LOSS ARROUNDING 98000/- IN SPECULATION NOW I didn't want to show in itr kindly suggest me if we have not show any losses department issue any notice or not.......

Nikhil Kaushik

Nikhil Kaushik (Expert)
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18 August 2018 if you want to show losses, file ITR-3

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Querist : Anonymous

Querist : Anonymous (Querist)

18 August 2018 YEA i know but if we have not show speculation losses department issue any notice or not.......

Nikhil Kaushik

Nikhil Kaushik (Expert)
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18 August 2018 please do expect a notice as they get report on all the stock market transactions

Querist : Anonymous

Querist : Anonymous (Querist)

18 August 2018 BUT I HAVE A LOSS NOT GAINING ANY PROFIT THAN.....

Nikhil Kaushik

Nikhil Kaushik (Expert)
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18 August 2018 cannot help you with that argument. can only advice you on what should be done ..

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Querist : Anonymous

Querist : Anonymous (Querist)

18 August 2018 Actually one client taking loan in next month while bank taken itr copy than losses will be negative point so i asking that what i do ?