Income/loss from equity market trading

416 views 1 replies

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

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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

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
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details