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LT Capital Loss not shown in previous ITR

This query is : Resolved 

02 July 2024 Dear Sir,
My query is as follows:
Mr A incurred Long Term capital loss of Rs. 520000/- in AY 2022-23. He disclosed all details in the ITR and filed it. However, during AY 2023-24 there was no capital gain or loss and he somehow forgot to show LTCLoss brought forward in the ITR of AY 2023-24.

In AY 2024-25, he has a long-term capital gain of Rs. 125000/-. Can he still show LTCLoss of Rs. 520000/- in ITR of AY 2024-25, which he forgot to show in the previous year ITR? and claim set off against LTCGain of Rs. 125000/-?

Kindly guide.
Regards,
Suraj

03 July 2024 Yes, provided ITR of AY 2022-23 was file within due date.

03 July 2024 Yes. It was filed within due date.
Thank you Rambhia sir....


28 August 2024 Good luck.


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