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Loss can be carried forward

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 August 2014 if the business loss of partnership firm and proprietorship firn , return is not filed within due date the loss can be carried forward.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
28 August 2014 No. Loss can not be carried forward if the return is not filed u/s 139(1) within the due date.

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