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Made a loss in Derivatives
by
Ramesh Babu
on Jul 13, 2008 09:26 AM
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Hi,
I incurred a loss of 20000 rupees in derivatives trading. Can i carry forward the loss. If so how to do that
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RE:Made a loss in Derivatives
by
Amitabh
on Jul 13, 2008 02:36 PM
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Yes,it is a trading loss and you can carry it forward. For this make sure you show the loss in your return and file the return in time.
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The above message is part of the Discussion Board:
Filing tax returns? A step-by-step guide