Submission of loss return without audit

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

07 September 2013 dear all
kindly inform that can i file loss return without audit for AY 2012-13 with total turnover of Rs.49,85,250
loss is Rs.485221
depreciation is Rs.1389552

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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07 September 2013 please mention the nature of business or professional

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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08 September 2013 Incase your business not covered under presumptive taxation and profession, you can file the return with loss without audit.

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Querist : Anonymous

Querist : Anonymous (Querist)

09 September 2013 the nature of business is daily traveling buses

regards
dhola nilesh

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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09 September 2013 if you are not claiming presumptive income u/s.44AD then you can file return without audit

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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09 September 2013 loss will not be allowed only if the return is filled within due date under sec 139(1)as per sec 80(5).

Querist : Anonymous

Querist : Anonymous (Querist)

13 September 2013 is there any provision about depreciable loss can be filed without audit if turn over is in prescribe limit
kindly revert quick as soon as possible so that i can file return in time
thanks

Querist : Anonymous

Querist : Anonymous (Querist)

19 September 2013 dear all
is there make any difference if firm is under audit in preceding year and now make loss with depreciation

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Querist : Anonymous

Querist : Anonymous (Querist)

19 September 2013 dear all
is there make any difference if firm is under audit in preceding year and now make loss with depreciation