This discussion addresses an IEA error encountered while filing ITR3, specifically when carrying forward business losses without current year business income. Users are seeking clarification on whether Form 10IEA is mandatory in such scenarios. The consensus suggests that if there's no business activity in the current financial year, ITR3 and Form 10IEA might not be required, unless you have brought forward losses to claim.
No need to file ITR 3 when there is no business activity in current FY. Whenever any business income arises, you can claim the b/f losses (within specified time period)
Leave a Reply
Your are not logged in . Please login to post replies