FnO losses not shown in last IT return

ITR 170 views 1 replies

Friends kindly help.

I filed ITR-1 last year in time but because of my limited knowledge I was not able to see any section where I could declare FnO losses and my limited google search told me that losses wouldn't matter for a salaried person as they can be only offset against gains.

I was planning to quit trading because of losses so I went ahead and filed ITR-1 with my salary details but last year I made some gains and would like to use that loss to offset the income tax.

How can I update FnO losses in tax form for 2021-22 now as I will be filing ITR-3 this year.

Replies (1)

Not possible now, unless you have any additional tax liability.


CCI Pro

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