Selection of ITR form & treatment of losses
This query is : Resolved
D Prem Mohun
(Querist)
21 March 2020
I am 66 year old pensioner. Done delivery, intraday and F&O transactions, purely on the advice of the dealer of the broking houses and have incurred a loss of about 5.00 lakhs. I want to know how to arrive at loss/gain in an F&O txn, on perusing the ECN, how to calculate the turnover and how to carry over the incurred losses and how to set off those losses in the coming years. I have got rental and interest income. I have been filing ITR-2 only for the past 12 years. Please guide me.
04 June 2020
https://cleartax.in/s/fo-trader-return-filing
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
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
