Query on filing of loss returns in view of extension of itr

VINAY (C.E.O. - Chief Executive Officer)   (32 Points)

27 September 2014  

In view of extension of Date for Filing ITR , but keeping provision of 234 A in tact ,what will be the status of Loss returns ? As per law loss returns have to be submitted before ' due date' in order to get carry forward and set off of losses against future profits ..... 

SInce S 234A provisions are applicable for returns filed after 30.09 ( default returns ) , will this have indicative impact on loss returns ? They be treated as default returns , if filed after 30.09.2014 ?

 

Pl clarify