Can a person use ITR 1 when she has CG of Rs.250/ and brought forward losses

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Person having only nominal Capital Gains just Rs.250/- arising from redemption of debentures by NTPC.  Said debentures had been issued in 2015 and cost of acquisition is shown as Nil, perhaps it was given by NTPC towards some bonus or something, this is not clear.  The person has no other transactions relating to shares/ mututal funds.  Can such person file ITR 1 (all other criteria for ITR 1 satisfied; ie., individual resident taxpayer with income less than 50 lacs.   However the person has brought forward capital losses from past years though current year (FY 2025) no transactions. 

Replies (1)

Theoretically not taught, but practically accepted.


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