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
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
