my client has done intra day trading and incurred a loss shall he show in ITR. in AIS it was shown. as sale consideration RS. 2,55,000.
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Quick Summary
If you've engaged in intraday trading and incurred losses, it's crucial to declare these in your Income Tax Return (ITR). Even though the transaction might appear in your Annual Information Statement (AIS) and pre-filled ITR, you must report it. Failing to do so can lead to queries from the tax authorities.