Comment on Taxation for Traders - Introduction

traderaja commented on 25 Jul 2014, 06:04 AM

1. I am a pensioner and received nearly Rs, 1,80,000 as pension.

I traded F&O. I traded Equity Intraday & Delivery based. Made losses.

What is the ITR i have to file if I want to carry forward my losses. Is it ITR-2, 4 or 4S ?

Do I have to file the returns compulsorily before 31st July 2014 to carry forward losses or time is there upto 30th Sep 2014?

2. My wife is a home maker. She is having Interest income which is less than Rs. 2,00,00.

She also traded in F&O, Equity Intraday & Delivery. Made losses

To carry forward the losses for next 8 year What is the ITR to be filed in her case & what is the Last date for filing the same ?

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