Carry forward of loss in bussiness
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 September 2011
If an assesse has incured a loss in business of 350000 in F.Y 08-09 but filled the return after due date in December,it will not be allowed to be carry forwared but is there any way to claim carry forward of such loss.
05 September 2011
No he cannot carry forward such loss if the return is filed after due date.
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