B/f of losses
This query is : Open
22 September 2014
Sir, I filed an ITR 6 IN A.Y.: 2012-2013 with loss in PGBP income.
In A.Y 2013-2014, I filed ITR 6 without b/f of losses.
Can I b/f the loss in A.Y. 2014-2015, while filing ITR 6.
Means can I get the benifit of b/f of losses in A.Y. 2014-15
In A.Y 2013-2014, I filed ITR 6 without b/f of losses.
Can I b/f the loss in A.Y. 2014-2015, while filing ITR 6.
Means can I get the benifit of b/f of losses in A.Y. 2014-15
22 September 2014
Since you did not carry forward the loss in the return of AY 2013-14 you will not get the benefit in the return of AY 2014-15.
If the return of AY 2013-14 was filed within due date you can revise your return u/s 139 (5) and show carry forward of loss of AY 2012-13.
Then you can take the benefit of such carry forward loss in the return of AY 2014-15.
Also hear from other experts. What they suggest.
If the return of AY 2013-14 was filed within due date you can revise your return u/s 139 (5) and show carry forward of loss of AY 2012-13.
Then you can take the benefit of such carry forward loss in the return of AY 2014-15.
Also hear from other experts. What they suggest.
Message likes :
1 times
22 September 2014
The Assessment is done for A.Y. 2013-14
24 September 2014
why you not claimed losses in AY 13-14??
24 September 2014
If assessment is over than you can not revise your return. But make sure assessment is over. Intimation u/s 143 (1) is not an assessment.
24 September 2014
No sir Assessment is over.
24 September 2014
Then you can not do anything now.
25 September 2014
CA P K Agrawal, sir i just forget to b/f it due relying on software.
CMA. CA. Sanjay Gupta, Thanq sir.
CMA. CA. Sanjay Gupta, Thanq sir.
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
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
