Question ID :
40582
Carry forward of Unabsorbed Depreciation
I filed a belated return for the A.Y 2018 - 2019 with a business loss due to Unabsorbed depreciation. Can I carry forward the respective unabsorbed depreciation in the current A.Y 2019 - 2020?
Posted by
Murugesan
on
Feb 27, 2020
Filed Under
Profits & Gains of Business & Profession
Yes. Unabsorbed depreciation can be carry forward even if belated return is filed.
Posted by
CA. chunauti dholakia on
Feb 27, 2020
Answer ID :
80437
unabsorbed depreciation can be carried forward
Posted by
CA. JAIN JAWAHAR LAL on
Feb 29, 2020
Answer ID :
80442
Yes, the Unabsorbed depreciation can be carried forward even in the case of late filing of Income Tax Return.
Posted by
DIVYAM AGARWAL on
Feb 29, 2020