Lost 37lacs in cyber fraud. Filled FIR
This query is : Resolved
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Sravan JALLIPALLI
(Querist)
04 August 2024
Hi, I have lost 37.5lacs in cyber fraud on 11th July 2024. FIR is logged with 10% recovered from 37lacs. Can I show this loss in my IT Filling in 2025 AY? If so what are the details I need to furnish?
Thanks,
Sravan
Thanks,
Sravan
Dhirajlal Rambhia
(Expert)
06 August 2024
Are you earning anything from business/profession?
Sravan JALLIPALLI
(Querist)
06 August 2024
Hi Sir,
Iam working as a software professional since 2003.
Iam working as a software professional since 2003.
Dhirajlal Rambhia
(Expert)
06 August 2024
If you are getting professional fees from any organization/s, you can claim this fraud as business loss.
Sravan JALLIPALLI
(Querist)
06 August 2024
Sure sir. Iam salaried. Will I able to claim this as a loss under ITR 3.
Dhirajlal Rambhia
(Expert)
06 August 2024
No. For salary income it is not possible to claim the loss.
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