Seeking information∕ clarification on the data in the return filed from Income tax Dpt
This query is : Resolved
20 June 2023
Dear Sir/Madam
My client filed return having Speculative Loss And Short term gain , which was adjusted in Return suo moto by Dpt portal for AY 2021-22, He also had un claimed B/F Capital loss , Now they seek clarification on the amount adjusted , as they consider that it could not be adjusted making STCG consider in income , There is no provision in portal to explain them , that if they seek speculative loss not adjusted against capital gain of CY ,then so called STCG should be adjusted agst b/f capital losses
How should i put matter to Dpt
Thanks n Advance
Yashesh
My client filed return having Speculative Loss And Short term gain , which was adjusted in Return suo moto by Dpt portal for AY 2021-22, He also had un claimed B/F Capital loss , Now they seek clarification on the amount adjusted , as they consider that it could not be adjusted making STCG consider in income , There is no provision in portal to explain them , that if they seek speculative loss not adjusted against capital gain of CY ,then so called STCG should be adjusted agst b/f capital losses
How should i put matter to Dpt
Thanks n Advance
Yashesh
20 June 2023
In the initial stage itself, you should not have accepted the adjustment by portal, while filing return.
Reply to the query under the link provided to the query itself, with the detailed adjustment with c/f. ST loss
Reply to the query under the link provided to the query itself, with the detailed adjustment with c/f. ST loss
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20 June 2023
Sir but there is no space for reply ... only asking to tell yes or no ... no scope for us to give justification
20 June 2023
Tick NO, you may get option to reply.
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