Dear Members
I booked profit in some shares and losses in some others. overall I am in loss.
Do I need to file income tax for gain profit in shares or counted overall profit.
Thanks In advance
Pradeep
You have to file your ITR irrespective of profit or loss.
if you have loss you can carry forward the same to future years to set off against profits.
it's advisable to file ITR before due date to carry forward losses.
CAclubindia
