Quaterly figure after BFLA

i HAVE carry forward Loss which is adjusted in my This year Capital gain ,  So if X Amount is reduced in this year CG ,  While entering the Quaterly data in which Quater i should adjust this difference .   Shall i adjust in the first quater ? 

 

thanks 

Replies (5)
Quick Summary
This discussion clarifies how to handle quarterly financial reporting when carry forward losses are used to offset current year capital gains. The advice given is to allocate the adjusted capital gains figures to the specific quarters in which they were realised to ensure accurate tax calculations and potentially reduce interest liabilities. This is particularly important when there is still a tax liability remaining after the loss set-off.

If there is no more tax liability or if there is refund, you can go ahead as said.

THANKS THERE IS TAX TO BE PAID for this year EVEN AFER SET OFF OF LAST YEAR LOSS , So Can i adjust in first quater or propotinate in all quaters?   my  this year CG Is around 6 lacks and 2 lacks adjusted against loss from last year so still tax to be paid for the year.  

So, to reduce interest portion you need to check your accounts as and when the last 4 lakhs were gained? Put these figures in corresponding quarters.
Thank you very much for the prompt replies that too on a sunday. Helps a lot .
My Pleasure.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details