Baskaran (NA) (33 Points)
28 July 2023This AY r I had been investing in shares & mutual funds ,no intra day Txns. and no F&O. But next AY r 2024-25, I may do Intraday and F&O in shares transactions. In order to carry forward any losses like Capital loss,House loss etc, if I use ITR2 now shall I file in ITR3 in next year. I am Filing 1st time return can I get earlier Yrs' TDS without paying late fee to govt, as there was no taxable income.
jagdish chhugani
(engineer)
(736 Points)
Replied 30 July 2023
Normally for TDS refund you must file return in same AY even you have income less than 2,50,000
Try to file last two years return, check wether it calculate any fines or penalties for not filling return.
If your TDS is more than penalty you will get back.
You can get TDS back in current year, only for past 2 assesment years
jagdish chhugani
(engineer)
(736 Points)
Replied 30 July 2023
Better file ITR3 , you can skip many sheets which are not relevant to you.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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