Greetings
when the client has business loss of ₹26,000 only and other sources income and capital gain of 1000 how to show the loss in ITR 3 (he has total income beloe BEL
Menu
Urgent ITR 3 query business loss
Replies (3)
Business loss under PGBP head and Capital gains under Schedule CG !!!
File ITR 3..... The utility will take care of rest of things...
Do we need to do tax audit for this case sir?
@ Sai Prabhu
Un-adjusted business loss will not be allowed to be carried forward as return ITR should have been filed before due date of furnishing Return of income ITR.
Tax audit is must in case sales turnover or Gross receipts is in excess of Rs 1 crore. Otherwise no tax audit report
Un-adjusted business loss will not be allowed to be carried forward as return ITR should have been filed before due date of furnishing Return of income ITR.
Tax audit is must in case sales turnover or Gross receipts is in excess of Rs 1 crore. Otherwise no tax audit report
Recent Topics :
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
Related Topics :
CAclubindia
