Hello,
I want to enter short term capical loss for 3rd quarter, but I can’t enter negative value. How can I enter capital loss of third quarter?
https://eportal.incometax.gov.in/iec/foservices/#/dashboard/estimator
Hello,
I want to enter short term capical loss for 3rd quarter, but I can’t enter negative value. How can I enter capital loss of third quarter?
https://eportal.incometax.gov.in/iec/foservices/#/dashboard/estimator
You cannot enter negative values. You adjust the loss of 3rd quarter with 4th quarter’s profit and input accordingly. And write zero for 3rd quarter.
@Praksy Thank you very much for your reply.
If we have loss in 4th quarter then can we adjust it with profit of 2nd or 3rd quarter ?
If you have loss in 4th quarter, then best is to adjust it with profit of immediately preceding quarter ie the 3rd quarter.
What if someone has a loss in every quarter?
Then u don’t need to fill quarter-wise breakup of capital gain.