I have Short Term Capital Loss in FY 2010-11
My Tax return is still not filed
Can I carry forward this loss?
4 Replies
Kunal
(Risk Analyst)
(299 Points)
Replied 31 October 2011
I m sorry...but u cannot carry frwd d loss as per sec 80 read along wid 139(1)
CA Ksheerabthi Nathan
(CA in practise)
(167 Points)
Replied 01 November 2011
it cannot be carried forward
nagu
(articleship)
(24 Points)
Replied 01 November 2011
you cannot carry forward because you didnot file the return in time
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