01 November 2010
In on line filing company's IT returns, the provision to enter the carried over depreciation loss is not available more than 8 years. The carrried over Business loss only will be adjusted with in 8 years. But there is no time restriction for depreciation losses. I have entered depn losses before 8th year in the 8th years column. whether it is correct. or is there any change in time limit for depn losses.