CA. Abhishek K. Pandey
(Manager (Advance))
(901 Points)
Replied 05 July 2010
If you want to show it as a business loss and this is the only source of income, then you should use ITR-4.
Although, I don't know whether you are right in saying that its business loss or not. See, as your words it seems to be a loss under thehed Capital Gains, and in that case you should use ITR-2.
Regards,
Abhishek K. Pandey
CAclubindia
