Intraday loss & Leave encashment
This query is : Resolved
Quick Summary
07 July 2023
Greetings !
1. I have intraday loss & when I try to enter it in speculative business in ITR 3, it was not taking negative sign. How to enter negative sign ?
2. My brother worked in his ex company from 2018 to mid of 2022 & received leave encashment of Rs. 5 lacs after resignation. Is the amount taxable ?
If it is taxable, is that taxed already as salary or we have to pay while filing and what is the process ?
Kindly clarify.
1. I have intraday loss & when I try to enter it in speculative business in ITR 3, it was not taking negative sign. How to enter negative sign ?
2. My brother worked in his ex company from 2018 to mid of 2022 & received leave encashment of Rs. 5 lacs after resignation. Is the amount taxable ?
If it is taxable, is that taxed already as salary or we have to pay while filing and what is the process ?
Kindly clarify.
CA R SEETHARAMAN
(Expert)
08 July 2023
1 Enter buy value and sale value it will take negative value.
2 It's exempt upto 25 lacs.
2 It's exempt upto 25 lacs.
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CA R SEETHARAMAN
(Expert)
08 July 2023
You are welcome..
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