Selection of ITR form & treatment of losses
This query is : Resolved
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
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