Itr form for losses in share trading

 

Sir,

Which ITR form shall I use for efiling of income from salary and losses made in share trading to get return from tax deducted at source.

Replies (5)

Income Tax return 2 provided the share trading is not your business and it being a regular affair. 

where in ITR2 to be exact, can i mention the losses? and where to mention losses from sales within 1yr and from those above 1yr?

Just fill appropriate columns u will find i think in schedule of capital gains for losses and salary. 

can I set off short term capital loss against my salary for the purpose of tax calculation?

No u cannot. STCG Can be set off against LTCG . 

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