I invested about 70000 from my household savings and have no income of my own. I lost heavily in intraday trading done by stock broker without my knowledge transaction shown turnover of more than I crore in it. how to show this in my tax return
I invested about 70000 from my household savings and have no income of my own. I lost heavily in intraday trading done by stock broker without my knowledge transaction shown turnover of more than I crore in it. how to show this in my tax return
This would be treated as business loss and you need to file income tax return using ITR-4 form.