ITR 2 for Speculation Income

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Can we file ITR 2 for the person having income from Speculation of shars as well as LTCG & STCG on shares?
What if there is Speculation Loss, LT loss and ST Loss of shares?
Replies (3)

1. No, .... ITR 3 to be filed.

2. Losses can be carried forward after set off with any income under other heads, except salary.

There is not any other income. Next there will not any other income.

Due to speculative shares trading transactions, you need to fill details in ITR3. No alternative.


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