My friend had 10 lakhs fno loss
He choosed new tax regime
Do he eligible for carryfrwd of this loss.
Someone told me that we cannot utilize in next year if we file with new tax regime?
Menu
FnO loss - New tax regime
Replies (1)
Yes, carry forward of loss will be allowed after set off of the loss with other income in current year. (even under NEW Tax Regime).
But he must file ITR 3 under normal assessment; before due date.
Recent Threads
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
- Wrong reporting on 22 april 2026 under article inc
- Articeship Form 107
- TAN for Multiple States
- Delivery Challan serial number Issue and return ru
- After filing form 71 For TDS mismatch
- UNCLAIMED TDS REFUND QUERY
- Rcm payable which head
- Query of GST
Related Threads
CAclubindia
