Carry forward of losses : ITR1 In between

Anil George (3 Points)

12 May 2023  

HISTORICAL INFO

Filed 
      ITR1 FROM 2010-2016 (FILED BY SELF, ONLY SALARY INCOME)
      ITR3 FROM 2016-2021 (FILED BY CA, SALARY INCOME + FO LOSS, FILED AS BUSINESS LOSS AND            AUDITED BY CA TO CARRY FORWARD LOSSES)
      ITR1 FOR  2021-2022 (FILED BY SELF, ONLY SALARY INCOME, DID NOT DO ANYTHING TO CARRY FORWARD FROM 2021)

PLANNING
      ITR-1 FOR 2022-2023 (FILE SELF, ONLY salary income MOVE FROM NEW TAX REGIME TO OLD)
      ITR-3 FOR 2023-2024  (FILE THROUGH CA, SALARY INCOME +FO PROFIT)    


QUESTION   
For 2023-2024, Can I adjust FO profit against my audited losses between 2016-2021 even though I self-filed ITR-1 for   2 years in between? If I cannot this also means I have to pay advance tax for this year.