Disclosure of short term capital loss
This query is : Resolved
24 June 2021
Hi,
I had short term capital loss (equity investments) in FY2019 and showed it in ITR-2 in AY2019-2020. In FY2020, I had only salary income and no capital gain or loss , so I filed only ITR-1 and forgot to mention the previous year capital loss carry forward in FY2020/AY2020-2021 ITR filing. Can I carry forward the missed short term capital loss again in this year ITR-2 (FY2021, AY2021-2022) ?
Thanks
Mani
I had short term capital loss (equity investments) in FY2019 and showed it in ITR-2 in AY2019-2020. In FY2020, I had only salary income and no capital gain or loss , so I filed only ITR-1 and forgot to mention the previous year capital loss carry forward in FY2020/AY2020-2021 ITR filing. Can I carry forward the missed short term capital loss again in this year ITR-2 (FY2021, AY2021-2022) ?
Thanks
Mani
24 June 2021
Not possible, as you missed the carry forward last year.
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