ITR A.Y.2019-20

This discussion addresses a common issue when filing belated Income Tax Returns (ITR) for Assessment Year (AY) 2019-20. The user is trying to file with condonation but the ITR utility automatically carries forward losses from Business & Profession, even though belated returns typically disallow this. The user seeks a solution to show the carried forward amount as zero in the utility, as manually entering zero and saving the XML file does not seem to work. Other users suggest that losses cannot be carried forward if the return is not filed on time and recommend seeking expert help.