Comment on Zerodha tax reports

Quicko commented on 28 Jul 2022, 07:05 PM

Hey folks, it’s always a good practice to file your ITR and report all your financial activities. With everything being linked to Aadhaar and various partnerships with CBDT, ITD has more visibility. Now, if you have taxable income below the exemption limit, you won’t have any tax liability. As Gaurav mentioned, you won’t be able to carry forward the losses to set off against future incomes without reporting them when filing your ITR on time.

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