How to show short term capital loss in excel utility (itr 2)

ITR 10839 views 1 replies

 

Dear all friends,
 
I am e filing my Income Tax return (ITR 2) as I have salary income, Interest Income and short term capital loss in shares transaction.
 
Please help me as I have some doubt while e filing my it return.
 
1. My net short term capital loss in shares  (including delivery and intra day) is Rs 20,000/-.  (Total short Trem gain is Rs 30,000/- and Total Short term loss is Rs 50,000/- My question is that in ITR 2, under which schedule and in which cells do i need to fill information.
 
3.In Sch CYLA, where to mention short term capital loss in shares transcation . (Should I mention it in Colmn 3 iii. Or some other place. please help.
4.How to carry forward the loss for future.
5.Where to mention long term capital gain in shares transaction. I hope this is to be mentioned in SCH EI Point 3.  My doubt is whether this is to be mentioned in Sch CG, 2a and 2biii.
 
I hope some of you may be able to help me out for my querries.
Replies (1)

In 'CG' tab, A.2.i section declare the sale value deducting brokerage, ST & other excluding STT as 'full value of consideration' and purchase value including brokerage, ST & other excluding STT as 'cost of acquisition'. Losses will be calculated and entered in other sheets as soon as you hit 'calculate tax' button in any other tabs


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