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Itr 4

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 July 2013 I m filing return online but how to show speculation loss in itr 4?
as it doesnt catch negative figures..?
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
18 July 2013 You have to show the Speculation Loss in Schedule CFL under the column Loss From Speculation Business. Here loss figure is mentioned without negative sign.
.
It should appear in
COMPUTATION OF INCOME AND TAX RETURN
as against Item No .
B4 Current Loss (if any) .
.
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