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Is it compulsory to show share income if there is capital loss
I have small amount of share trading loss in f.y 21-22 and the sale proceeds are reflecting in TIS/AIS .If i did not disclose in return will this have any impact on processing and claiming of refund.
Replies (2)
No but notice may be ossued
It's better to show share trading loss or else you may have to face consequential proceedings
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