Missed to declare F&O Loss
This query is : Resolved
Quick Summary
S R. Yadav
(Querist)
22 July 2023
My CA missed the F&O Loss shown in Trading P&L for FY 21-22, hence the ITR and computation do not reflect that loss. Is there a provision to show that loss now by means of revision of ITR or any other way? For your information ITR for FY22-23 has been filed too.
I could have easily adjusted current years profit against it but can't do that now.
Anyone with expertise please advice!!
Thanks in Advance!!
I could have easily adjusted current years profit against it but can't do that now.
Anyone with expertise please advice!!
Thanks in Advance!!
Dhirajlal Rambhia
(Expert)
22 July 2023
No way.
The date to revise the return is over.
Updated return can be filed only if there is any additional tax liability.
The date to revise the return is over.
Updated return can be filed only if there is any additional tax liability.
Dhirajlal Rambhia
(Expert)
14 September 2024
Good luck.
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