Monday, June 15, 2026

Do you need to file ITR if you only incurred losses from equities or mutual funds? Check the details

Even if you only incurred losses from equity or mutual funds and your total income is below the basic exemption limit, filing an Income Tax Return (ITR) is generally not mandatory unless you wish to carry forward these losses. However, long-term capital gains from listed equities, even if below Rs 1.

from Tax-Wealth-Economic Times https://ift.tt/biFKvTW

No comments:

Post a Comment