I have filed my taxes for the AY23-24 on your website. However, I would like to know something about speculative loss shown in the F&O. As far as I know I have not done any speculative transactions. There is an expense of ~₹27K which is the interest I have paid to Zerodha because of the 50% cash component rule. There was a shortfall and so I paid the interest.
Now when I am filing the taxes, it shows this interest expense in the “Other Expenses” section(see pic below) but in an other section on the same web page, it shows as speculative loss(see pic below). Kindly help me understand how the interest expense is considered during filing of taxes.
Also, I was not able to add the agricultural income in the quicko portal by myself, It was done separately by downloading the Json file and then adding this exempt income. Do you have any plan to also include this in your portal where I can add it directly?
Interest Expense shown as Speculative Loss
No Speculative Transactions
Interest Expense shown as “Other Expenses”
In the Incometax portal where I have uploaded the JSON file, it is considered as loss. Please see below image.
Thanks and Regards!!
ZUser