WebbIn this video, we are discussing about:-Do you need to file ITR in the case of losses?Income tax return filing in the case of loss.Losses in share tradingHow... WebbOther Relevant Points regarding Capital Gains. Advance Tax is required to be paid during the year on the capital gains arising on sale of the property irrespective of whether it is Long Term Capital Gain or Short Term Capital Gain.; In case a Short Term Capital Loss arises on the sale of a property, the short term capital loss can be set-off against both …
Income Tax Return (ITR): Is it possible to set off stock market …
Webb9 okt. 2024 · (a) The losses in Stock market can be a Short Term Capital Loss (STCL) or a Long Term Capital Loss (LTCL) depending upon the ‘Period of Holding’. (b) Shares, Equity Mutual Fund, Listed Debentures & Bonds, held for less than 12 months are short term … Webb1.How to show income/loss in ITR 2.When to maintain books of account and get audit done 3.How to calculate turnover 4.Which ITR to file ... No. Loss from intra day … impact of depletion of the fishing stocks
ITR filing 2024-21: Know tax treatment of gains/losses …
Webb10 apr. 2024 · If listed stock shares are sold after 12 months of acquisition, the seller is said to have either made a long term capital gain (LTCG) or incurred a long term capital loss (LTCL). Follow Us By Ravi Singhal The deadline to file an Income Tax Return (ITR) for income earned in the fiscal year 2024-23 is July 31. Taxpayers, particularly traders and … WebbHow can I file share market loss in ITR? Investments in Stock Market may sometime turn negative value and the investor has to book losses and move on. (b) The path is: – e-file>Income Tax Return > File Income Tax Return. Note: Long term capital Loss cannot be adjusted against Short Term Losses. Webbför 8 timmar sedan · Retail investors are sitting on big losses in their stock portfolios even as the market rallies in 2024. The average retail investor portfolio is down 27% year-to … impact of diabetes on health