04 June 2015
Sir I have filed return of Income of Pvt limited Co ( NO TAX AUDIT ) for A Y 2014-2015 on 30-11-2014 claimed loss of Rs.400,000/- Dept has rejeced claim of c/F loss saying that you have filed return of income not on due date which was 30-9-2014. i have argued thast due date was 30-11-2014. ITO replied that due date was extended only for those company having TAX AUDIT REPORT IS REQIRED TO BE SUBMITED.IN YOUR CASE DUE DATE WAS 30-9-2014 . IS ITO CORRECT? SHOUD I GO TO IN APPEAL? PLEASE CLARIFY.
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