Compliance Hacks
easy
high risk
2 hours
1 min read
Updated 2025-10-30
Carry Forward Loss Deadline
File by due date to carry forward losses
Potential Savings
Preserve loss offset
Time Required
2 hours
Complexity
easy
Legal Status
fully legal
Applicable to:
Taxpayer with Losses
What is This Hack?
File ITR by due date (not belated) to carry forward capital losses for 8 years and business losses for 4 years for future offset
Key Benefits
- Potential savings: Preserve loss offset
- Implementation time: 2 hours
- Legal status: fully legal
- Risk level: high
Important Considerations
This hack has a high risk level. While it's completely legal, proper implementation requires careful attention to compliance requirements. Consider consulting a CA for personalized guidance.
Related Topics
loss
carry forward
deadline
capital loss
business loss