ITR - 3 filing
This query is : Resolved
10 July 2022
Greetings !
I have some doubts in my filing process.
1. I had short term capital loss from stock market. In order to carry forward my losses for next
year, Is it enough to just enter it in schedule capital gains section or Do I need to mention it
somewhere else ?
2. I had long term capital gains of less than 1 lakh.
As there is exemption upto Rs. 1 lakh, Do I need to show my gains or leave it ?
3. I have holdings in US stocks. I have purchased them in 2021 and foreign remittance of that
amount was shown in my AIS statement. I didn't sell anything, so there were no capital
gains/loss. I was just holding those stocks.
Do I need to show them as foreign assets in my filing ? If Yes, suggest how to do it.
4. I had received minimal amount around Rs. 100 as dividend from US stock holdings. Do I need to show them as
income from foreign assets or leave it ?
5. I have holdings in Indian unlisted equity shares. No capital loss/gain, only holding. Do I need to disclose them and
how ?
Kindly clarify my doubts.
Thanks in advance.
I have some doubts in my filing process.
1. I had short term capital loss from stock market. In order to carry forward my losses for next
year, Is it enough to just enter it in schedule capital gains section or Do I need to mention it
somewhere else ?
2. I had long term capital gains of less than 1 lakh.
As there is exemption upto Rs. 1 lakh, Do I need to show my gains or leave it ?
3. I have holdings in US stocks. I have purchased them in 2021 and foreign remittance of that
amount was shown in my AIS statement. I didn't sell anything, so there were no capital
gains/loss. I was just holding those stocks.
Do I need to show them as foreign assets in my filing ? If Yes, suggest how to do it.
4. I had received minimal amount around Rs. 100 as dividend from US stock holdings. Do I need to show them as
income from foreign assets or leave it ?
5. I have holdings in Indian unlisted equity shares. No capital loss/gain, only holding. Do I need to disclose them and
how ?
Kindly clarify my doubts.
Thanks in advance.
10 July 2022
1. Schedule CG
2. Schedule 112A
3. Yes under Schedule FA
2. Schedule 112A
3. Yes under Schedule FA
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11 July 2022
4. I had received minimal amount around Rs. 100 as dividend from US stock holdings. Do I need to show them as income from foreign assets or leave it ?
5. I have holdings in Indian unlisted equity shares. No capital loss/gain, only holding. Do I need to disclose them and how ?
Kindly clarify my doubts. Thanks in advance.
5. I have holdings in Indian unlisted equity shares. No capital loss/gain, only holding. Do I need to disclose them and how ?
Kindly clarify my doubts. Thanks in advance.
11 July 2022
1. Always advisable to declare.
2. Declare it at table 'Audit' in schedule 'General'
2. Declare it at table 'Audit' in schedule 'General'
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11 July 2022
You can ignore the dividend.
No need to show holding in Indian unlisted companies.
No need to show holding in Indian unlisted companies.
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