If an individual, having a sales turnover of ₹ 60 lakhs files his return of income for the AY 2021 -22 after the due date, showing unabsorbed business loss of ₹ 23,000 and unabsorbed depreciation of ₹ 45,000, he can carry forward to the subsequent assessment years

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Question:If an individual, having a sales turnover of ₹ 60 lakhs files his return of income for the AY 2021 -22 after the due date, showing unabsorbed business loss of ₹ 23,000 and unabsorbed depreciation of ₹ 45,000, he can carry forward to the subsequent assessment years

1.Both unabsorbed business loss of ₹ 23,000 and unabsorbed depreciation of ₹ 45,000

2.Only unabsorbed business loss of ₹ 23,000

3.Only unabsorbed depreciation of ₹ 45,000

4.Neither unabsorbed business loss of ₹ 23,000 nor unabsorbed depreciation of ₹ 45,000.

Posted by R4R Team
  1. If an individual, having a sales turnover of ₹ 60 lakhs files his return of income for the AY 2021 -22 after the due date, showing unabsorbed business loss of ₹ 23,000 and unabsorbed depreciation of ₹ 45,000, he can carry forward to the subsequent assessment years
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