CA Sansaar
- All Categories
- Income Tax (1633)
- Students (770)
- Service Tax (497)
- Corporate Law (465)
- Audit (399)
- Accounts (340)
- VAT (277)
- GST (145)
- Excise (106)
- Finance (105)
- Banking (46)
- FEMA (40)
- Custom (29)
- Shares & Stock (18)
- IFRS (18)
- Income Tax Software (5)
- Cost Inflation Index (1)
Recent
- GST Notice Received: How Should a Taxpayer Respond?
- CA vs CMA: Which is better?
- Can a Chartered Accountant Sign Estimated Financial Statements?
- Want to assist in Forensic Audit
- Revising 3CA 3CD to 3CB 3CD
- LFAR in Bank Branch Audit - Clause-by-Clause Discussion by CA Vivek Khurana Notes required
- Bank Branch Audit
- Got high refund
- Form 67
- GSTR9
- Partner of CA firm required
- RENEWAL OF REGISTRATION
- financial statements
- income Tax
- ITR Filing
- Property Attachement
- Liability of Independent and Non-executive director
- financial statements
- stock statement procedure for bank od loan
- ITR FILING OF ARMY UNIT
- signing of Project report
- NON CORPORATE BALANCE SHEET FORMAT
- CA FINAL
- Accounting Treatment of Mutual Fund under IndAS
- ITC Availed & Utilized on Supply from Non-Existent Firms
- GST Liability of Award received by a Company
- Reund of TDS Excess Deposited
- Income Tax TDS
- gst
- Reconstitution of partnership firm in case of death of partner and introduction of new partner
- Consolidattion of financial statemement
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- NR GST NUMBER
- Presumptive Income
- tax audit late filing penality provision applicable f.y.23-24
- Interest in outstanding demand
- sale turnover declared as per books or AIS show in itr f.y.23-24
- GST
- tax audit or normal itr filed f.y. 23-24
- PF Withdrawal and ITR
Q. > Please Help: income tax
is it mandatory for a assess to file ROI before due date if assess has only PGBP loss from "Depreciation".
if ROI is not filled than wht will be the consequences
answered Jul 08, 2011 by CA VIKAS JAIN , DELHI
for carry farward of loss u/s-32, return must be filled either before due date or after due date.
answered Jul 08, 2011 by CA. Sachin Data , Alwar
agreed with the shared views.....
answered Jul 08, 2011 by PRIYANKA , GREATER NOIDA
unabsorbed depreciation can be carried forward without there being any need of filing return before due date, but in case of any other loss from PGBP, it will not be carried forward unless ROI is filed in time. Moreover it is always advisable to file return before due date as there is always a room for revision thereof in case of any discrepancy found later on in the return, but as u knw that in case of belated return that is not possible.
answered Mar 06, 2012 by Ketan Samdani , V V Nagar
Agree with experts.
Experts Panelist
Comments
CA VIPIN GARG
08-Jul-2011 , 08:55:37 amDear Abhinav, No it is not mandatory to file a return in the above case. It is mandatory to file the return in case you have the loss under the head PGBP and you want to carry forward the same but if you have the loss on account of unabsorbed depreciation only, you can carry forward the same even if you have not filed your ROI. Hope you will your answer, have a good day my dear.........
jainabhinav
08-Jul-2011 , 09:36:11 amthanx Vipin sir