Showing carry forward short term capital loss in itr-2

Gaurav (Others) (33 Points)

24 July 2017  

I have a very simple question with regard to showing carry forward loss in ITR2. Below is the scenario.

1 - FY2015-16, I am having short term capital loss of 3,00,000 Rs. In this year, I do not have any short term capital gain hence, I had to carry forward it by ITR2. And I have no question here.

2 - FY2016-17, I am having short term capital gain of 1,00,000 Rs. I can set off this against the previous year short term capital loss of 3,00,000 by ITR-2. Again I have no doubt here. All I have to do is while filing the return for FY2016-17, in section CFL, I have to show data of previous year FY2015-16 short term capital loss of 3,00,000. Hence, it sets off my current year FY2016-17 short term capital gain of 1,00,000.

However, I can still carry forward 2,00,000 loss to next year. Now the question is how to represent this data in next year return?

When I fill ITR2 for FY2017-18 return, in section CFL, should I show carry forward short term capital loss of 2,00,000 for FY2015-16 or FY2016-17?