Loss carry forward regarding
This query is : Resolved
29 September 2023
In A.Y. 2022-23 return filed within due to assesses having loss . In A.Y. 2023-24 Also assesses having loss but return not filed in time.
Q1). Loss for the year A.Y. 2022-23 we can carry forward as we have filed return in time and loss of A.Y. 23-24 can not be carry forward as return is not filed within due date.
Q1). Loss for the year A.Y. 2022-23 we can carry forward as we have filed return in time and loss of A.Y. 23-24 can not be carry forward as return is not filed within due date.
29 September 2023
Both loss can't be carried forward as return for AY 23-24 not filed in time.
Apply for condonation of delay under section 119(2)(b) for carry forward of loss.
Apply for condonation of delay under section 119(2)(b) for carry forward of loss.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- Dep. as per companies act
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Applicability of GST on Salary Reimbursement Component
- Tds on commission charges
- Minimum tax payable to file Updated return
- UDIN ISSUE
- Salary from Qatar in Dollars in India
- Renovation exp. in flat by family member
- Tax rate change regarding
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
View Details
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
