Comment on Taxation Simplified
commented on
30 Jan 2013, 05:44 AM
Shakeel, To get the benefit of carry forwarding the losses, it has to be filed before the due dates otherwise you let go of the benefit. You can however ensure that you start filing your returns from this financial year onward(2012-2013) so that you can use any losses to set off against other profits and save on your taxes.
Cheers