How to depict figures in late itr 6 return so loss is not cf

This query is : Resolved

AviGan (Querist)
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16 May 2018 The company has a loss in current year of Rs. 132975 for financial year 2016-17. ITR is filed late hence loss of current year cannot be carried forward. But In ITR 6 this figure of loss in current year is automatically being depicted in CFL sheet of excel utility as loss being carried forward. I have recieved a notice from department mentioning the same " In Schedule Part BTI, Taxpayer is carrying forward current year loss which is not allowable as the return is filed after the due date."
Please tell me how to correct ITR 6 so that loss of current year is not carried forward.
Thanks.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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16 May 2018 To cure this we have to file a Revised Return and in computation we have to show as loss is not to be c/fd. But as you have said that the utility does not support us to do so, In my view - CPC itself will take the cognisance and remove the same from being c/fd.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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16 May 2018 Understand that, this is an error of the excel utility available at the timefiling.
Course of action is-
+ file revised return (presumes the present utility has corrected the error
existed therein)
+ reply online to the notice by selecting option 'accept' from the drop down menu
and fill up the ack. no. of the revised return.

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