Carry forward of business loss - original return was filed u/s ...

March 1, 2019

Case Laws Income Tax HC

Carry forward of business loss - original return was filed u/s 139(1) within time declaring positive income - later revised return u/s 139(5) filing declaring loss - On a revised return filed, it can only be a return under Section 139(1) and not one under Section 139(3) - Benefit of carry forward not allowed.

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Carry forward of business loss - original return was filed u/s ...

March 1, 2019

Case Laws Income Tax HC

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