I have FO losses to carry forward to next FY, and in which it's business income and so expenses involved.
Will these expenses be carry forward to next FY, too
Menu
FO losses Carry Forward
Replies (3)
Quick Summary
Yes, aggregate loss can be carried forward. File ITR 3 under normal assessment, before 31st July.
Do you mean other expenses say internet bill , training fee oother than. trading loss can be carry forwarded too
Thanks much
The net loss after adjustment with intrahead & interhead incomes, gets carried forward. The expenses are debited in the P&L account, not carried forward separately.
Recent Topics :
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
Related Topics :
CAclubindia
