31 March 2014
loss incurred under business & profession and Capital gain can be carried forward for setoff only if the return is filed within the due date. Other losses can be carried forward even if the return is not filed within due date. Since you have filed return after notice u/s 142(1) which can be given only when income is not filed within the due date, You can only claim the losses during the said A.Y but you cannot carry forward the loss.
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