ITR filing for Intraday Loss
This query is : Resolved
Quick Summary
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.
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