Dear friends
I am filing ITR3, Under new regime I came to know that B/F business losses (options trading losses) are not allowed, but in Schedule BFLA there is option to add losses of previous years manually. These columns were not autofilled. I filled these manually.
I have b/f loss of 1-lac of AY21-22 & 3-Lacs for AY22-23, I filled up those figures in year wise b/f losses, it was accepted in ITR 3, no error.
These b/f losses are not utilised as set-off in current year, as there is no additional income for set-ff. just these b/f losses are c/f to future years.
Json generated without any error, with figures of previous years losses c/f to future.
Used 1.1.3 latest IT utility version.
Should I upload it, is it okay that system accepted b/f business losses in new regime.
Thanks in advance.