Itr4 issue

can you mail me this template on my mail id cagaurav.kaushik @ icai.org

Hi All,

I am still waiting for some response.. I just want to know where to enter the loss of working capital so that the loss can be carry forwarded in ITR(4) 139(5).

I have traded into commodities and lost all money including margin money. I just want this loss to be carry forwarded to next year as I could not find on which page I have to make entry into .xls downloaded from Income Tax  India official site.

@ Rishi Jain

Kindly follow the below mentioned steps, i guess it will solve the problem

1. After filling the general page details, go to the page marked as "Part PL" and enter the details in the coloum of no account / account as the case applicable. Make sure that the row "Profit before taxes (No. 43" in case of account maintained should be -267387 or the row of no account case (No. 51) should be -267387.

2. After you fill these details, go the page marked as "BP". Mention the amount of -267387 in section 2i as done by you earlier. 

3. After you have done this, row no. 6 and row no. 10 on the same page should be reflecting 0. This would be opposite of what your template above is showing. The row no. 41 "Profit or loss from speculative business" should be reflecting the loss amount with a negative sign.

4. Then proceed to the page marked as "Part B - TI- TTI" and check that page. The row 15 of Part B TI should be reflecting the loss amount and the rest all would be zero.

5. If everything else is ok, you can efile that return.

Originally posted by : Hanish Chaudhary
	@ Rishi Jain Kindly follow the below mentioned steps, i guess it will solve the problem 1. After filling the general page details, go to the page marked as "Part PL" and enter the details in the coloum of no account / account as the case applicable. Make sure that the row "Profit before taxes (No. 43" in case of account maintained should be -267387 or the row of no account case (No. 51) should be -267387. 2. After you fill these details, go the page marked as "BP". Mention the amount of -267387 in section 2i as done by you earlier.  3. After you have done this, row no. 6 and row no. 10 on the same page should be reflecting 0. This would be opposite of what your template above is showing. The row no. 41 "Profit or loss from speculative business" should be reflecting the loss amount with a negative sign. 4. Then proceed to the page marked as "Part B - TI- TTI" and check that page. The row 15 of Part B TI should be reflecting the loss amount and the rest all would be zero. 5. If everything else is ok, you can efile that return.

Thanks a million Mr. Chaudhary! It worked like charm.