14 April 2022
original return filed date 31.12.2021 AY 2021-22 with disclose business loss to be carried forward 50000
after that return Revised u/s 139(5),date 28.03.2022 with disclosed loss to be carried forward 55600
now we get a notice u/s 143(1)(a),loss cannot be carried forward due to return filed date is 28.03.2022 after the due date 139(1).
so i want to ask that loss can be carried forward or not
Incorrect claim u/s 143(1)(a)(ii) PART-BTI
In Schedule Part B-TI, Taxpayer cannot carry forward current year loss except House Property loss if return is filed after the due date allowed u/s 139(1)
CAclubindia
