Is 10 IEA form applicable on salary income person with income from capital gain?

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This discussion clarifies whether Form 10IEA is applicable for individuals with salary income who also have capital gains, futures and options income, or intraday trading income. It addresses scenarios for filing under the old tax regime using ITR-3 and ITR-2. Additionally, it explores the possibility of continuing carry-forward losses from the previous year into the new tax regime for the current assessment year, excluding house property income.

BISWAJIT MAIKAP

BISWAJIT MAIKAP (Querist)
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09 July 2024 Sir/madam,
1) My client is a salary person. he has an income from capital gain And also he has an income from future and options (F n O)and online trading (intraday trading). He will file ITR by ITR-3 . Now, He wants to filing his income tax return under old tax regime.Then , is form-10IEA for applicable for salary+capital gain+ future and options+ intraday?
2) if, any salary person will file by ITR-2 in old tax regime ,with Mutual fund capital gain income, then is there need to file form-10IEA?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 July 2024 1. Yes.
2. No.

BISWAJIT MAIKAP

BISWAJIT MAIKAP (Querist)
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09 July 2024 Thank you very much sir, One more question, if, any person filled ITR -3 in previous year Ay23-24 by old regime, and he has a Carry forward loss in AY. 23-24 ,Then can he continue his carry forward loss with new regime in current assesment Ay24-25?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 July 2024 Except income from House property. And with only allowable deductions under PGBP head.

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