Comment on Zerodha - your tax aide while you trade

rav commented on 26 Mar 2018, 02:48 PM

During AY 2017-18, I had filled ITR 3 after audit . I had shown and carried forward a trading loss of approx 6 lakhs in it.
Now during AY 2018-19(FY 2017-18),I have not done any trading .(or any other business)
So for AY 2018-19 ,i have income from only salary and interest.(NO business income/loss).
Hence , filling ITR 1 would be ok ot not for AY 2018-19?
In that case, losses of AY 2017-18 will be carried forward or not? or to just carry forward prior losses ,i need to again fill form ITR 3 for ay 21018-19.
As i am likely to trade in coming fy ie 2018-19, i need to carry forward my earlier losses.
Kindly guide.
Regards

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