ITR filing for Intraday Loss
This query is : Resolved
23 July 2024
I need to file ITR 3 with No Account Case. I have a loss in intraday trading. However, in Part A - P & L > No Account Case > Speculative Activity, it does not allow me to enter a negative value. How should I show my losses?"
23 July 2024
For carry forward intraday business losses you will have declare the details in sr. 12 a) & 12 b) in Schedule Trading.
23 July 2024
Ok, If I filled details in in sr. 12 a) & 12 b) in Schedule Trading then books maintain mandatory? Actually I want to go throw No Account Case.
23 July 2024
For carry forward of loss, No account Case is not possible.
23 July 2024
Actually, I am not interested in intraday trading. By mistake, I sold one stock on the same day. The turnover and loss are both only 12 rupees. Will I face any issues if I ignore carry forward and file as 'No Account Case'?
23 July 2024
Yes, No need to file ITR 3 in that case, if no intraday or F&O reporting.
23 July 2024
I have a freelance income.
23 July 2024
Ok. File ITR 3 , may be without the single transaction.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- Soyabean hsn code and gst rate
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Free lancer income
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- TDS related Query_Liquidated Damages
- What is provisional receipt number for generation of form 16A
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
