Help needed as to where to show this as expense

194 views 1 replies

Dear All

I am a salaried person and I do trading and some investing in equity markets. 

I file ITR-4 every year as I do Equity, Futures and Options, which are mostly on the losing side.  Analysing that my skills are stupid enough, I decided to take up an Equity subscriptttion service for a year, which costed me Rs. 30000.  Now, can I show this as expense in ITR-4 and if yes please tell the section and point number in ITR-4, where I could show this as expense

Thanks a lot

Replies (1)
Pls consult With CA .

Because in caes of Trading there is many things to check whether you have doing intraday trading or long term investor etc. after review all these things he will consult you what to do.

Nad if you want to claim expenditure then you need to prepare Profit and bL and Balance sheet etv

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details