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Income tax help

Tax queries 204 views 6 replies

My salary income 3,50,000/-  Income from other source 5, 00,000/-  Day trading of future & option loss 2,80,000/-  And day trading in equity loss 50,000/-  Please guide me I can adjust loss from other income and it is audit case. please give a example of itr 4 in where can I fill a figure & suggest me
 

Replies (6)

i can file 8 % return in option & future case

Dear Arun ,

 

Options comes in normal business where as equity comes under speculations .

 

u can adjust your options loss from other sources and in itr 4 there is coloum of adjustment of loss from income .

just mentioned it in the coloum .and it doesnt have any relevance whethere its audit case or not 

Originally posted by : Arun singh

i can file 8 % return in option & future case

 

i can file 8 % return in option & future case please help
 

Dear Arun, No u cannot claim 8% in such case .

 

Hope your query has been solvee .

 

kindlu like if my forum has helped you 

Originally posted by : Arun singh

i can file 8 % return in option & future case please help
 

 

Dear

Dear Arun, No u cannot claim 8% in such case .

 

Hope your query has been solved

 

kindlu like if my forum has helped you 

Originally posted by : Arun singh

i can file 8 % return in option & future case please help
 

 


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