Lost 37lacs in cyber fraud. Filled FIR

This query is : Resolved 

04 August 2024 Hi, I have lost 37.5lacs in cyber fraud on 11th July 2024. FIR is logged with 10% recovered from 37lacs. Can I show this loss in my IT Filling in 2025 AY? If so what are the details I need to furnish?

Thanks,
Sravan

06 August 2024 Are you earning anything from business/profession?

06 August 2024 Hi Sir,
Iam working as a software professional since 2003.


06 August 2024 If you are getting professional fees from any organization/s, you can claim this fraud as business loss.

06 August 2024 Sure sir. Iam salaried. Will I able to claim this as a loss under ITR 3.

06 August 2024 No. For salary income it is not possible to claim the loss.



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