deep1976 (propreitor) (278 Points)
24 August 2018GM.
Suppose every year i file itr 3 showing capital gains etc,if this year i have losses in delivery basis trading ,a small loss which i do not want to carry forward for further years,can i file itr 4
or pls make a guide on shares loss in delivery basis and with some other income from sources so it will easy to compute.
Reggards
Once again for your suggestion
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177736 Points)
Replied 24 August 2018
In trading, filing ITR4 will require 6% of profit margin declaration.
Otherwise ITR3 (may be with tax audit, more data required for clarity) would be required to be filed.
deep1976
(propreitor)
(278 Points)
Replied 27 August 2018
it will be aaded or subtracted from net income
CAclubindia
