Share market DOUBT

This query is : Resolved 

Quick Summary
If you've made a profit in the share market and paid advance tax, but subsequently incurred a loss, you may be eligible for a refund. When filing your Income Tax Return (ITR) for the relevant assessment year, you can claim back any amount paid in advance tax that exceeds your actual net tax liability. This process allows you to recover overpaid taxes due to subsequent losses.

31 March 2025 i got profit in sharemarket, so i paid advance tax after that
now i booked for a loss can i get refund amount that i paid advance tax please rectify the problem
because i paid advance
29/03/2025
YEAR LONG TERM LOSS/PROFIT SHORT TERM LOSS/PROFIT SPECULATION FNO TAX DETAILS DATE OF PAYMENT
YEAR 21 -22 -428451 0 0
YEAR 22 -23 -3162 0 0
YEAR 23-24 -66015 0 0
YEAR 24-25 -1447.35 -2894682.9 1610933.07 1013781.72
TOTAL L/P -499075.35 -2894682.9 1610933.07 1013781.72
TOTAL TAX 483279.92 304134.52 787414.44
Advance TAX PAID 400000 14/09/2024
Advance TAX PAID 720000 18/12/2025
Refund -332585.56
please copy paste the above data you see the correct columns
thank you

31 March 2025 When you file relevant ITR for AY 2025-26, you can ask for refund of the excess amount paid over your net tax liability.

30 September 2025 Good luck....


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