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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Entitled to carry forward and set off the business loss ...


High Court Denies Assessee's Request to Carry Forward Business Loss Due to Late Tax Return Filing Under Sub-Section (1.

June 1, 2015

Case Laws     Income Tax     HC

Entitled to carry forward and set off the business loss -assessee did not file return within the time prescribed by sub-section (1) or within the time extended by the ITO. There is, as such, nothing that the Court can do to assist the assessee - HC

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