Hi Pankaj, I have calculated the total income and total tax payable using the income tax calculator excel sheet since i have worked for 2 companies. I have filled the ITR1 excel sheet. During the financial year i have invested 4lacs in share market and the current share value is 2.2 lacs. Can i show the loss of 1.8 lacs though i haven't sold them. If i can show can you please let me know where can i mention the amount in ITR1 or do i need to fill some other form along with ITR1. Thanks Mahesh asked Jul 13 '11 at 10:45 by taxfiling 1●2●2●2 |
Unrealized loss/gain cannot be shown in income tax return. So you won't be able to claim for current unrealized loss in share market. answered Jul 13 '11 at 15:27 by Pankaj Batra 5.2k●3●20 |