CA Final/Inter Fast track classes available for May 20 attempt. Call: 1800-3000-0505

Revised Return of Belated Return.


Sir/Madam
Kindly provide guidance
For AY 19-20 a belated returned was filed. By mistake loss of current year was shown as carried forward loss.
Intimation under Section 143(1)(a) has been issued requiring a revised return to be filed.How can loss of current year be shown in revised return so that it is not carried forward.
Thanking you in advance.


Dear frd, As u not filed return in due time u can't carry forward current year loss but it doesn't means that u can not revised the return . u can fill revised the return till mar 20

Return of loss should be filed on time to carry forward.Since it is belated return, loss can't be carried forward. Kindly check the reason for 143(1)(a)-


You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :





close
CA Learning