I am a senior citizen. I am 68 years old.
I have income from the dividends of mutual funds and interest from company fixed deposits. I regularly file an ITR 2.
I had given a loan to one of my cousins, but he is neither returning the principal amount, nor paying any interest. I had, therefore, filed a legal suit against him for recovery of my dues and I incurred expenses worth Rs 45,000 for court stamp charges and advocate fees.
Can I set off this expense of Rs 45,000 against the other income from dividends and interest?
I would be obliged to have your reply. If yes, under which column should I claim it, because I cannot find any column in the new ITR 2