If someone has loss in f&o and if professional income is already below the taxable limit and by deducting the f&o loss there is no clear benefit but only the professional income will be shown as reduced as the loss will be automatically set off by the syste against the professional income, then is it mandatory to show the f&o loss in the ITR3? Can one choose not to report the loss?
Menu
Is it legally permissible not to report F&O loss?
Be first to reply !!
Recent Topics :
- Is it legally permissible not to report F&O lo
- Query on FCTRS
- APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
- Advance for supply of goods
- Question for members: how do you manage client doc
- Clarification Required on Invoicing and Receipt of
- SEBI Registered VS NSDL Registered RTA
- Income tax or capital gain tax for Resident Indivi
- PCIT-1 Thane Email address
- CA Fees deduction for non audit case allowed?
Related Topics :
CAclubindia
