dear all
An individual having business in different entities, one firm making profit and the other making loss, can the other loss can be taken into consideration with the profit making firm, if taken into consideration after the due date for filling of returns what may be the consequences.
Bhojarajulu
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business loss
Replies (2)
No, not possible to adjust after due date.
It was possible only if return was filed before due date.
thank you very much for the valid inout
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