https://www.taxtmi.com/forum/issue?id=1150 The right to carry forward business losses depends on filing the return for the loss year within the prescribed time limit and meeting statutory eligibility conditions; if the loss return is timely and eligible, losses may be carried forward and set off in later years, and subsequent belated returns may still claim those carried forward losses provided the original filing requirements were satisfied. en-us Tue, 05 May 2009 15:49:32 +0530 Thu, 23 Jan 2025 15:58:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1150 The right to carry forward business losses depends on filing the return for the loss year within the prescribed time limit and meeting statutory eligibility conditions; if the loss return is timely and eligible, losses may be carried forward and set off in later years, and subsequent belated returns may still claim those carried forward losses provided the original filing requirements were satisfied. Discussion-Forum Income Tax Tue, 05 May 2009 15:49:32 +0530 https://www.taxtmi.com/forum/issue?id=1150