Comment on Tradetax for income tax returns when trading
commented on
26 Jul 2016, 08:35 PM
Hello Nithin,
May be a complicated query – I was salaried individual and also I made a huge loss in F&O trades in the FY 2013-14. But when i filed IT Return for FY 13-14, i had just filed ITR 1 showing just my salary income and didn’t show my overall loss from F&O trades. Now is it possible to file a revised return in ITR 4 showing both salary income and trading loss?
I primarily want to do this to adjust future profit in trading with past trading loss.. Kindly advice. Thanks