My query is related to claiming losses & revised return.
Mr A has filed ITR for FY 2020-21 within due date; however, he was not able to show loss on sale of property as some papers were not readily available. However he then filed the revised return in March 2021 and showed this sale of property transaction and showed the loss.
Can he carry forward this loss in the ITR of FY 2021-22? Kindly Guide.
CAclubindia
