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Loss carry forward & set off

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(Querist)
07 January 2020 Hello,

Whether Unregistered Trust (not registered u/s12AA) can be carry forward its loss to next & same carry forwarded loss can be set off against income of the trust of any year.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 January 2020 Yes loss of such trust can be carried forward and setoff future years.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
08 January 2020 If you file tax return with in due date you can carry forward and setoff loss with future income




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