Loss under business and profession
This query is : Resolved
29 July 2019
RESPECTED SIR
WE INCURRED LOSS IN PY 2018-19 .
WE WANT TO CARRY FORWARD BUSINESS LOSS TO NEXT YEAR.
CAN WE CARRY FORWARD BUSINESS LOSS BY FILLING ITAX RETURN AFTER 31 ST JULY 2019 & BEFORE 31 ST AUGUST AS DUE DATE IS EXTENDED TO 31 ST AUGUST?
WE INCURRED LOSS IN PY 2018-19 .
WE WANT TO CARRY FORWARD BUSINESS LOSS TO NEXT YEAR.
CAN WE CARRY FORWARD BUSINESS LOSS BY FILLING ITAX RETURN AFTER 31 ST JULY 2019 & BEFORE 31 ST AUGUST AS DUE DATE IS EXTENDED TO 31 ST AUGUST?
30 July 2019
Of course, if the return is being filed u/s 139(1) you can claim the loss
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