My query is as follows: The updated return of Mr A for AY 2021-22 was filed after the original return for AY 2022-23.
In updated return for AY 2021-22, the long term capital loss reduced from Rs. 83000/- to Rs 55000/- and he paid the additional liability afterwards. However, since the original return for AY 2022-23 was filed BEFORE this updated return, the brought forward long term capital loss was shown as Rs. 83000/- & claimed.
Now the updated return for AY 2022-23 is required to be filed with revised brought forward long term capital loss of Rs. 55000/-.
So, under brought forward losses section of AY 2022-23 return, which date of return for AY 2021-22 to be mentioned for claiming the losses? date of original return of AY 2021-22 or date of updated return?? I am bit confused.
I hope my query is clear. Kindly revert. Thanks & Regards, Suraj