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?
Guest
Guest
(Expert)
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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