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brought forword & set off of bussiness loss & unabsorbed dep

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04 February 2011 I have filed the return of income for the A.Y. 2006-07 by carry forword of bussiness losses. but i failed to file the return of income for the AY 2007-08 & now it is time barred u/s 139(5) also. So can i claim brought forword & set off of losses in the AY 2008-09? is there any othe solution please suggest
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C.A.Javid Patel

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C.A.Javid Patel (Expert)
04 February 2011 yes you can claimed the carry forward depreciation becuase the filing of return within due date provision is applicable in the year in which the loss arise.
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