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Howdy,
I’m carrying ahead intraday and short-term capital losses since AY 2021-22. So, I’ve been submitting ITR3 for the previous few years utilizing Quicko. In AY 2024-25 (or FY 2023-24), I didn’t carry out any buying and selling exercise in any respect. After I filed ITR via Quicko this yr, ITR2 was routinely chosen by Quicko. Within the draft earlier than submission, the Quicko web site confirmed that every one the losses are being carry-forwarded.
Right now, I downloaded my AY 2024-25 ITR type from the official Earnings Tax web site. It doesn’t present my intraday losses being carry forwarded; it exhibits solely the STC losses. What’s the situation? What can I do now?
@Quicko are you able to please reply?
Hello @rewaler,
The carry-forward losses from earlier years usually are not seen within the ITR-2 type because of the absence of enterprise earnings within the present yr.
Nevertheless, please relaxation assured that the losses you have got reported in earlier years have been recorded precisely. These losses might be carried ahead as per the tax rules and might be out there for adjustment in opposition to any future enterprise earnings you may need in subsequent years.
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Thanks lots for the clarification!
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