Carry Forward of Share Trading Losses AY 2025-26: New ITR Business Codes, Income Tax Rules, Section 44AB Audit, F&O & Intraday Compliance with Examples

This article explains the tax treatment and rules for carrying forward share trading losses into AY 2025-26. It differentiates between speculative and non-speculative losses, detailing the set-off hierarchy, time limits, and compliance requirements under the Income Tax Act. Practical examples illustrate how losses can offset future capital gains or business income, subject to filing returns within prescribed deadlines. The article also clarifies documentation needs and reporting norms, ensuring investors and traders can optimize their tax liabilities while remaining compliant.