lucky (MBA) (49 Points)
08 October 2019I plan to file unaudited ITR3 for FY 2018 - 2019 as I have carry forward speculative losses and stcl from past years.
Please confirm which items I need to include under Balance Sheet Assets Investments
Should I include PPF, EPF and NPS also or can they be skipped?
sabyasachi mukherjee
(27579 Points)
Replied 09 October 2019
Kapadia Pravin
(17259 Points)
Replied 09 October 2019
Suresh Thiyagarajan
(Student)
(3986 Points)
Replied 09 October 2019
1. It is necessary as per sec 80 to file a return before the due date in order to carry the forward loss.
2. In your case, if you are filing ITR-3, the item should contain your business-related assets and investments. No need to specify your personal investments.
Please correct me if the above solution has an alternative view.
CAclubindia
