Expecting your urgent HELP for I-T return

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This AY r I had been investing in shares & mutual funds ,no intra day Txns. and no F&O. But next AY r 2024-25, I may do Intraday and F&O in shares transactions. In order to carry forward any losses like Capital loss,House loss etc, if I use ITR2 now shall I file in ITR3 in next year. I am Filing 1st time return can I get earlier Yrs' TDS without paying late fee to govt, as there was no taxable income.

Replies (2)

Normally for TDS refund you must file return in same AY even you have income less than 2,50,000

Try to file last two years return, check wether it calculate any fines or penalties for not filling return.

If your TDS is more than penalty you will get back.

You can get TDS back in current year, only for past 2 assesment years

Better file ITR3 , you can skip many sheets which are not relevant to you.


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