banner_ad

How to fill fno and intra day loss in itr 3

ITR Filing 692 views 8 replies

Dear Sir/Madam,

My Fno Turnover is 156405 INR and loss is (37177) INR. 

My Intraday trade buy amount is 193412 and sell 190568 and loss is (2844) INR.

Salary is 1500000 aprox and income as interest from IRB invit and india grid trust is 314307 (I think this income can be off set by Fno loss)

As per my understanding if I choose option " regular books of account of business are not maintained"  and show loss (i.e. profit less then 6%) then i need audit report. 

I want to know if is there any option so that I need not to submit audit report?

option 1: May be if i dont choose " regular books of account of business are not maintained"  and fill P&L and trading account  then is it possible not to submit audit report?

Option 2: Is it legal that I dont declare my loss and choose ITR 2?

Thanks in advance.

Waiting for your reply

Thanks 

Nand Lal 

Replies (8)
For benefit of carry forward of loss, showing loss in return must. Or else you lose that benefit
if you donot want to submit audit report then in that case you can show loss of future and options as a long term/short term capital loss.

You will have to file ITR3 because you have loss of intra day trading, you need to declare that loss and the loss will be carried forwarded for next four assessment years.

Thanks sir.

Dear Himani,

Thank you for your time and help.

I think, I can fill ITR 2 with ignoring intra day loss of 2844. 

Please Confirm. 

Thanks in advance for your help 

Nand Lal 

As you said not to show, in that you lose carry forward benefit. Also refer 139(3)
I think you should show the intra day loss

Thanks for your suggestion.

Now things are more clear to me.

Thanks again.

Nand lal

Thanks sir 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details