Set off losses

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    M VINOD KUMAR New Member

    To set off the previous loss in current year, The income tax return of the current year has to be filed with in due date?
    Kindly do let me know.
    I am eagerly waiting for your reply.
  2. swapna singh

    swapna singh New Member

    In previous year if you filed return of loss within the due date as prescribed, then you can set off that loss in current year..even though for current year if you filed return after the due date .
    Reddi.M likes this.
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