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HSingh

INCOME TAX...
Hi Amlan. Great videos and service. Thanks. I have a question. I needed to revise my AY 2015-16 ITR and received Notice 142(1) also from AO. I filed it and showed more business losses which also carry forward to next years. Do I have (Should I) revise my AY 16-17 and AY 17-18 returns also if losses ...
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Amlan Dutta
You should have declared the losses in order to carry forward/adjust but now you can't for AY 16 17 because you cannot show losses in a belated return other than house property loss ...Also if you don't carry forward losses in a earlier preceding year , you cannot show bought forward losses in the...
  • January 13, 2018
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