banner_ad

Carry forward loss

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 May 2016 Dear Sir/Madam,

We have STCL Loss in the A.Y 2009-10, and filed the return as per Due date. & in the Next Year we avail the loss against STCG in the A.Y 2010-11, But the Income tax Return filed after Due Date in A.y 2010-11 Whether its allowable.

its Urgent.......
Profile Image

CA SUNIL K GARG

Profile Image

CA SUNIL K GARG (Expert)
13 May 2016 STCL can be carried forward and set off against the STCG in next year. Provided the loss return is filed with in the prescribed time limit. So in your case, STCL can set off against STCG.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
13 May 2016 you can take the set off due to in loss year you file return on due date.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details