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Utilization of carried forwarded losses

This query is : Resolved 

Dear expert kindly enlighten me that can we utilize carried forwarded losses through belated return of income??

Yes you can utilize carried forwarded losses through belated return of income.

but if you have losses in current year ,,, you cannot carried forward that loss.

yes you can

Yes current year business loss cannot be carried forward if income tax return is not file due due date.
But you can carry forward the previous year losses being brought forward


Bajaj Finserv

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