Intraday loss & FNO loss - small amount

Hello everyone:

Please guide on this query.

Intraday Loss is just Rs.800 (sale 155000, purchae 155800) very small amount.

FnO loss is just Rs.2500 (Sale 15000, purchase 17500) this too very small amount.

Since amount is very small, can we avoid filing ITR3, or is it necessary to submit P/L and Balance sheet figures and file ITR3.

Can I show this somewhere in ITR2, because figures of Sale/purchase & loss is very small amount.

Or can I skip these loss figures & file ITR2.

please guide which form to fill ITR3 or ITR2.

Thanks in advance.

 

Replies (1)

Since you have had business income( fro trading), you are likely required to file ITR-3, which is for individuals and HUFs having income from business or profession.

You can not skip reporting these losses or shift them to ITR-2 because:

Trading income is considered business income. Losses need to be reported in the Profit & Loss statment and Balance sheet as part of ITR-3 filing.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details