Will loss carried forweded in next year
This query is : Resolved
28 September 2015
respected expert plz sort out my qurry...... in 2013-14 their is loss in firm.... in 2014-15 our company turnover is 26 lac.. can we carry forward the loss if we done aduit after 30 sept 2015
29 September 2015
Loss of 2013-14 can be carried forward if that return is filed in time, though 2014-15 return is belated. Auditing 2014-15 will not make any difference.
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