Comment on Taxation Simplified

Hi Nithin Sir,

Thanks for this informative blog…

I have one query.. I am trading derivatives.. not on a daily basis but occasionally..
You have explained we can deduct our internet charges, software tool charges etc.. Is there any option to mention that while filing.. or we need to simply calculate ourselves.. I mean this is not a business firm, but I trade from my home. So can I deduct my home net charges for the whole year considering it as my loss? Do we need to submit any proof for that?
I have made some losses in previous years, but has not declared those while filing. Is it possible to do that this time?

Thanks

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