29 December 2010
we submit a return u/s 44 ab for the A.Y. 2009-10 from e-filing. return upload on 01-10-2009 at 1.00am? so it`s valid or not. so the business loss will be carry forward or not?
Guest
Guest
(Expert)
29 December 2010
Dear
As per my opinion return will be considered as belated as it will be considered as filed on 01.10.2009 [as due date was 30.09.10] & hence loss can't be c/f in case of belated return.
29 December 2010
If the assessee belongs to Pune, Satara, Kolhapur and Sangli Districts of Maharashtra, due date / specified date had been extended to 31/10/2009 thereby they can claim carry forward benefit where as other assessee's will not get the benefit since return is belated if filed on 1/10/2009.
CAclubindia
