Candidate has loss in stock market around Rs.600000/- and he doesn't have any other income. I am trying to fill the utility and generate json. However, for loss return do we have to pay penalty ? If yes, how much is the penalty is that Rs.1000/-
As of now I didn't pay the penalty but when I m trying to upload json an validation error showing # if net amount payable is zero then you are not allowed to file itr u#
please let me know how to fix this error.
If You want to file an updated return if anything missed in your previous return,i.e. f.y.2122 . Loss return might be you can't update. Wait for an expert's opinion .
CAclubindia
