Efiled itr-1

Efiled ITR-1 for Assessment Year 2012-13. so not shown LTCL

But there was a LTCL of Rs.22500/- Can I carry this loss forward for Assessment Year 2013-14

Kindly Advice

Replies (3)

ITR 1 IS FILED FOR FOLLOWING INCOMES-

 

  • income from salary/pension:or
  • Income from one house property(excluding where loss brought forward from previous year):or
  • Income from other sources( excluding winnings from lottery and income from races horses).

LONG TERM CAPITAL GAIN IS NOT COVERED HERE.

YOU HAVE TO FILE ITR 2.

YOU CAN CARRY FORWARD THE LONG TERM CAPITAL LOSS 

EXCEPT ON SHARE FOR 8 YRS...

 

capital loss has to declared in ITR2 or only record has to be kept with us?

Originally posted by : tjr

capital loss has to declared in ITR2 or only record has to be kept with us?

 

Loss should be declared in the Return and Return should be filed with in the due date..

 

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