Schedule CFL is not saving 0 as carry-forward losses for belated returns!!

In ITR-3, for a belated return, Schedule CFL is not saving 0 as carry forward losses. In the validating page, it is showing that belated return cannot carry forward losses to futures years. That is understandable. But it just doesn't remember the input of zero as the amoount to carry forward!! What to do?

 

Replies (2)
Quick Summary
In belated ITR returns, losses cannot be carried forward, so Schedule CFL is ignored. Zero may not be saved due to utility behavior or bug. Proceed with filing without forcing CFL and ensure no carry forward claim is made.

You do not need to force Schedule CFL to retain zero. For a belated return, Schedule CFL should effectively be NIL / ignored. The validation message is informational, not fatal. Proceed with filing without attempting to override CFL, ensuring losses are set off to zero in current year schedules and not claimed for carry-forward anywhere.

  • If the utility auto-populates a positive loss in CFL despite belated status, stop and review.

  • If the loss relates to:

    • Speculation / specified business (73 / 73A)

    • Capital losses with complex intra-head set-off

  • If filing is under defective return correction or scrutiny → escalate to your CA.

In the ITR utility app, Schedule CFL was auto‑populating the loss despite it being a belated return. A bug in the app seemed to be at play!

The return was submitted regardless of the "errors", and an immediate notice of e‑Proceedings was received. A response was submitted by agreeing to the obvious, and the problem was solved!

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details