Hello,
In last FY 2011-12, I (unfortunately) had some loss in Equity market trading. So now can I show that lose in my ITR?
If yes, then where and how? What are the rules?
What all documents do i need to attach with my ITR?
Thanks,
Sharad
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Income/loss from equity market trading
Replies (1)
dear sharad,
as you know u/s 10(38) LTCG from equity shares from a recognised stock( subject to STT) exchange is exempted income. so if you had a LTCL then its a dead loss nad has no tax adjustments.
if its STCL you can use such loss
cheers
ganesh agarwala
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