Filing itr

Original return of income was filed for the A.Y 2009-10 within due date declaring a total loss of Rs.100000/- for a company.The return was processed u/s 143(1) by A.O and disallowed the depreciation claimed to the extent of Rs.600000/-.A.O. oredered to adjust the above amount in the brought forward loss of A.Y 2007-08 which is to the extent of Rs.8,00,60,000/-.I want to know how can we adjust this amount as the ITR been already filed till A.Y 2011-12 , while filing return of income for the A.Y.2012-13?

Even now the Company has the B/f losses for the A.y 2012-13.

Replies (3)

is ur all return file b4 due date ?

Yes.All returns been filed within due date.

If the ITR for the AY 2011-12 had been filed within the time prescribed in S 139(1), you can file a revised ITR, making the additional claim, for the AY 2011-12 at any time before 31-03-2013; otherwise, you can file a rectification application before the Assessing Officer or a Revision Petition under S 264 before the Commissioner of Income tax.

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