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Query Details

Asked by Rashmi on :Jun. 12, 2018

Can I carry forward losses if I file the ITR of m…

Can I carry forward losses if I file the ITR of my company after the due date?

Can I carry forward losses if I file the ITR of my company after the due date?

0

Chiranjibi Jun. 12, 2018

No

You can only carry forward losses if you file your return of Income before the due date.

Due date for filing Returns would be:

Individuals: 31st July of the AY. (for AY 2018-19, due date would be 31st July, 2018)
Companies: 30th of September of the AY. (for AY 2018-19, due date would be 30th September, 2018)
For assessees under section 92E, 30th November of the AY. (for AY 2018-19, due date would be 30th of November, 2018)
For assessees not mentioned above: 31st of July of the AY. (for AY 2018-19, due date would be 31st July, 2018)

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