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How to report LTC loss from STT paid transactions

ITR 293 views 1 replies

With a set of indian stock transactions - I have long term capital gain & loss in different stocks & overall, it is LTC loss. It is tax exempted but I am thinking that it should be reported through ITR.

My question - How to report LTC loss on indian shares in ITR-3? I am using the java utility & it is not letting enter negative figure in "schedule EI - item 3" for LTCG for indian stocks.

appreciate help for experts in the forum.

regards

sushil
 

Replies (1)

Ltcg and ltcl, the combined net difference if it is gains then it should be reported in exempt income but if it is a loss then the same would not be reported anywhere in the itr


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