STCL ON JOBBING AND F&O TRADING

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DEAR FRNDS.. 

        I HAD SHORT TERM CAPITAL LOSS FROM DAYTRADING IN THE FINANCIAL YEAR 2009-10 TO THE EXTENT OF RS. 60000 BUT CUDNT FILE THE RETURN IN DUE DATES.. NOW I AM FILING THE RETURN . CAN I CARRY FORWARD THE SHORT TERM CAPITAL LOSS NOW?

   I HAD TOTAL TUNOVER OF RS. 1,20,00,000..IN JOBBING AND F&O ...PLS TELL ME WHICH ITR SHOULD I USE ITR2 OR ITR4? AND SHOULD I SHOW THE TOTAL TURNOVER OR ONLT THE NET PROFIT/LOSS?

Replies (1)
Originally posted by : nitesh

DEAR FRNDS.. 

        I HAD SHORT TERM CAPITAL LOSS FROM DAYTRADING IN THE FINANCIAL YEAR 2009-10 TO THE EXTENT OF RS. 60000 BUT CUDNT FILE THE RETURN IN DUE DATES.. NOW I AM FILING THE RETURN . CAN I CARRY FORWARD THE SHORT TERM CAPITAL LOSS NOW?

   I HAD TOTAL TUNOVER OF RS. 1,20,00,000..IN JOBBING AND F&O ...PLS TELL ME WHICH ITR SHOULD I USE ITR2 OR ITR4? AND SHOULD I SHOW THE TOTAL TURNOVER OR ONLT THE NET PROFIT/LOSS?
 

In belated return carry forward of losses is not allowed, though file the same. 

file ITR 4

u have to mention only the difference amount in business income for jobbing and F&O

for stcl/ stcg u have to take the data quarter wise for purchase and sale, and net effect to be filled in respective columns in capital gain. 


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