Res.Sir,
I had issue regarding Carry Forward loss from Equity Derivative.
I had loss of Rs.33000.00 as short Term cap.Loss
Had Rs.550000.00 as equity Derivative Loss
Rs.330000.00 profit as buy back Amount from listed Company-held long term and assumed 10% L.T.Cap.Gain
Rs.74000.00 as Insurance and Mutual Fund Commission
Expences total Rs.35000.00
Kindly guide me,if I filled on Right time before 31.07.14,what will be implication and I.T form to be used.
Kindly guide me as my C.A is saying that the I.T.R ,I filled on 31.07.14 was wrong and has to be revised and loss cannot be carried forward as business loss,as business loss I.T.R cannot be filled.
Please support me
Thanks,
Best Regards,
Sanjay Maheshwari
9300061575
CAclubindia
