Set off of losses
This query is : Resolved
21 November 2013
Can a Loss carried forward from AY 2012-13 (Return filed within due date)be setoff against return of income AY 2013-14(return yet to be filed)
AY 2012-13 -- Excess Loss from House property after setoff against salary income carried forward
AY 2013-14 Yet to be filed. I still have Income from Salary & Also income from House property.
Can the setoff be possible ?
AY 2012-13 -- Excess Loss from House property after setoff against salary income carried forward
AY 2013-14 Yet to be filed. I still have Income from Salary & Also income from House property.
Can the setoff be possible ?
22 November 2013
Yes set off against carry forwarded loss from AY 2012-13 shall be available.
Message likes :
1 times
22 November 2013
thank you Sir
22 November 2013
welcome Manoj.
Message likes :
1 times
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
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- GST Rate for Catering Services
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- Journal entry of busniess expenses
- TDS AND ITR ISSUE
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- FCRA 6 E- Intimation
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
CAclubindia
