Sale of mutual fund
This query is : Resolved
25 July 2013
Hi My friend is salaried person and he has paid TDS on his salary during last year. He also sold shares and mutual funds and suffered loss in it. Is it necessary to show it in income tax return If yes then How to show it in ITR1? Kindly give me suggestion on it.
Transaction relating sale of mutual funds roported in salary bank account shown & prrson having salaried income need to file ITR 1 then how to show loss of sale in mutual fund in it.
Transaction relating sale of mutual funds roported in salary bank account shown & prrson having salaried income need to file ITR 1 then how to show loss of sale in mutual fund in it.
26 July 2013
U need to file ITR2 for claiming losses under the head capital Gain in your case
02 September 2013
If it is Equity base then the benefit of carry forward will not be allowed as LTCG on shares etc are exempted
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
