late return

This query is : Resolved 

29 December 2010 we submit a return u/s 44 ab for the A.Y. 2009-10 from e-filing. return upload on 01-10-2009 at 1.00am? so it`s valid or not.
so the business loss will be carry forward or not?


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29 December 2010 Dear

As per my opinion return will be considered as belated as it will be considered as filed on 01.10.2009 [as due date was 30.09.10] & hence loss can't be c/f in case of belated return.

Regards
Bharat Zanvar
csbharat@rediffmail.com

29 December 2010 If the assessee belongs to Pune, Satara, Kolhapur and Sangli Districts of Maharashtra, due date / specified date had been extended to 31/10/2009 thereby they can claim carry forward benefit where as other assessee's will not get the benefit since return is belated if filed on 1/10/2009.




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