115BAC not granted

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(Querist)
10 January 2024 I am salaried person opted for 115BAC while submitting return, however i received 143(1) notice not granting 115BAC and I received demand of 87k.
I showed 303k loss in equity but it is showing as business loss in return file.
please guide
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
11 January 2024 You should have shown it under short term/long term capital loss under capital gains schedule.
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Dhananjay

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Dhananjay (Querist)
11 January 2024 Thanks !
what is the way forward, can I file corrected return again? is this possible ? can CA will able to help in this?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
11 January 2024 Time to file corrected return is over by 31st December 2023. You have to pay the taxes
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Dhananjay

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Dhananjay (Querist)
11 January 2024 but I received 143(1) notice yesterday.i.e 10/01/24 , can i submit corrected return in response to notice, is this possible?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 January 2024 Not possible now...
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