I m salaried person with 4lac as income.
I incurred NSE Futures loss of 3.4lac this year.
I want to carry forward it.
My CA filled ITR 2 for that where he showed loss as capital gain loss.
And also he shows
Cost of acquisition :=17crore as futures selling price.
Is it correct. ??
As 17crore selling is due to future i only traded with 5lac cash.