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Set off of previous year losses

This query is : Resolved 

31 December 2014 Is it compulsory to File ITR within due date to setoff previous years losses?

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31 December 2014 No it is not so..Only current year losses cannot be carry forward in case of late submission of return.There is no bar on set off of previous year losses..

31 December 2014 yes correctly suggested..................................


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