Comment on Taxation for Traders - Introduction

Nithin Kamath commented on 28 Oct 2013, 04:24 AM


There is no problem showing the ledgers with 4 brokerage to your CA. Your CA is like your financial doctor, best not to avoid anything.

If you haven’t filed ITR4 till now, it is never too late, please go meet a CA and get this done immediately. As far as getting the benefit of carry forwarding the losses, you have time only till Sep 30th(this year it is extended till oct 31st) otherwise you will be letting go of any benefit of carry forwarding the losses for the last financial year.

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