Adjustment of loss under house ptoperty with salary income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 July 2011
We all are aware that any loss cannot be carried forward to next year if the return is not filed within due date,
But my question is if the return is filed late in any year, whether loss under the head house property can be adjusted against income from salary in the same year.
But my question is if the return is filed late in any year, whether loss under the head house property can be adjusted against income from salary in the same year.
21 July 2011
Set off in the current year is not denied, even if you file a belated return.
For c/fd of losses to the next year, it is required to be filed on or before the due date.
For c/fd of losses to the next year, it is required to be filed on or before the due date.
21 July 2011
yes. Agree with view of Mr.Paras Bafna. only for c/f losses need to file return before due date
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