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Is it nessuary to file return of income when i don't have any positive income?

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Is it nessuary to file return of income when i don't have any positive income?
posted Mar 30, 2016 by Sherlyn Mishra

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1 Answer

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Must file your return before the due date, if you have sustained loss in the financial year and if you want to carry forward to the subsequent year for adjustment against subsequent years positive income. Loss can be carried forward only if you have filed the return claiming such loss before the due date.

answer Jul 24, 2017 by Sumeet Vyas
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