Let-out house property loss carry forward
This query is : Resolved
20 January 2023
Namaskar,
For FY 2021-22:
- Return filed on 28-Jul-22 (before due date).
- Let-out house property loss 2,47,311.
- Automatic set off 2,00,000.
- Loss to be carried forward 47,311.
- In intimation, carry forward loss is showing 0.
- Raised an online rectification request yesterday to reprocess and it got reprocessed within minutes but even after that it is still 0.
As far as I know, I should be able to carry forward this loss. Am I not correct in my understanding? What should I do to get it corrected?
Thanking you in anticipation.
For FY 2021-22:
- Return filed on 28-Jul-22 (before due date).
- Let-out house property loss 2,47,311.
- Automatic set off 2,00,000.
- Loss to be carried forward 47,311.
- In intimation, carry forward loss is showing 0.
- Raised an online rectification request yesterday to reprocess and it got reprocessed within minutes but even after that it is still 0.
As far as I know, I should be able to carry forward this loss. Am I not correct in my understanding? What should I do to get it corrected?
Thanking you in anticipation.
20 January 2023
You are not correct in your understanding, such carry forward will be indicated in the intimation.
Contact CPC to know, is there any error in filling ITR.
Also file appeal with CIT.
Contact CPC to know, is there any error in filling ITR.
Also file appeal with CIT.
02 February 2023
Thank you so much for your guidance, Sir. Much appreciated!
02 February 2023
You are welcome..
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