F and o losses carry forward

Income Tax Income from Business or Profession
1

Dear sir,

I have lot of confusion regarding f&o trading tax returns. I am giving the complete details below. Pls go through and let me know if it is possible to help me and I will pay the required amount.

  1. During fy 2020-21 I did f and o trading and made 9 lakh loss. I don’t have any other sources of income and I want to carry forward the losses to next year.

  2. I filed the returns in Dec 2021 before deadline with the help of a friend which had many mistakes.

[3 it possible to correct the ITR with the help of you now?

4.my turn over is less than 1 cr. I want to show some expenses for running the f and o business. Is it necessary to show book of accounts. If book of accounts is needed will you prepare it on behalf of me

Regards

I.Ravindra

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