Understood, It means whatever losses or gain happened in previous years till the date for which i have not declared invesment in previous years ITRs, that i can not show in current year ITR.
It also means that, in order to start declaring/showing invesment in capital/shares from current year, i have to select only those shares for which buy/sell transcation done in current year (in between 04-Apr-2010 to 31-March-2011 only)????
Is It advisable now to start showing capital invesment for current years investments and losses / gain happen.
Now my second doubt is that, Shares soled in current year which are brought in prevous/past financial years can not be shown???
Can i show shares sold in current year (which are brough in previous years) as a long term capital loss/gain in ITR????
Once gain thnx for your valuable reply....