Regarding revised return

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Querist : Anonymous

Querist : Anonymous (Querist)

31 August 2016 Sir,I made loss from commodity & f &o trading around 50000.my financial consultant it's shows in return as short term capital loss in itr2.I told hiim to its show as business loss in itr4 through revised return.pls guide me it's right or not

Nikhil Kaushik

Nikhil Kaushik (Expert)
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31 August 2016 though it is cheaper and easier to manage ITR_2 filing, please file ITR-4 to be fully compliant with tax laws.

Querist : Anonymous

Querist : Anonymous (Querist)

31 August 2016 Thanks sir,but I want to know that can file revised return itr2 to itr4 means form can be change while revised return file.

Amol S Joglekar

Amol S Joglekar (Expert)
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31 August 2016 yes, you can very well revise the same.

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