INTRA DAY -SPECULATION LOSS........CANBE C/F ???? IF ..YES HOW MANY YEARS

Save Share

This query is : Resolved

Quick Summary

Intraday trading losses can be treated as speculative business losses for tax purposes. These losses can be carried forward for up to four years, provided your Income Tax Return (ITR) is filed by the due date. If the ITR is filed late, the loss cannot be carried forward. It's important to correctly report these losses in your ITR to claim them.

ATUL

ATUL (Querist)

27 September 2025 1 IN EAUITY ...INTR-DAY.........CAN BE TRATED AS ....SPECULATION LOSS ???

2 IN ITR...RETURN...SHOWAS UNDER.....BUSINES....SPECUALTION LOSS

3 IS IT C/F TO NEXT YEAR......
4 LOSS FIG....NOT ALLOWED IN ITR ????
5 IS SPECULATION...C/F TO ...HOW MANY YEARS

I AM DOUBTFUL.............

IF POSSIBEL....CLARIFY IN DETAILES

Dhirajlal Rambhia online

Dhirajlal Rambhia

(Expert)

27 September 2025 1. Yes. intraday is treated as speculative business
2. Yes, loss is first adjusted against any other speculative business gain. Balance is carried forwarded.
3. The speculative loss can be carried forwarded to next Four Years, provided ITR filed before due date.
4. Loss figure bot allowed in ITR if it is filed after due date.

Message likes : 1 times

Dhirajlal Rambhia online

Dhirajlal Rambhia

(Expert)

27 September 2025 Good luck..

ATUL

ATUL (Querist)

28 September 2025 ITR SUBMITTED...PROCESSED AND REFUND RECD..........IN SPECULATION ...LOSS NIL

CAN I FILE......REVISED RTN TO CLAIM.....SPECULATION....LOSS ABOUT 2 LAC

FY-2024-25 AY-2025-26

Dhirajlal Rambhia online

Dhirajlal Rambhia

(Expert)

28 September 2025 Try again, may succeed this time.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now