tax returns

Missed August 5 Tax Returns Filing Deadline? Here are Implications and What You Should Do Now

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(As Published in Financial Express on August 8, 2016) So what happens if you have missed the deadline? Well, to start with the passing of the deadline does not mean much for your actual tax return filing exercise. You cannot carry forward losses (except loss from house property). You can carry forward losses from equity to set off from capital gains only if you file within the … [Read more...] about Missed August 5 Tax Returns Filing Deadline? Here are Implications and What You Should Do Now