Chapter XII-DASPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC )
Part CProcedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM )
Chapter XX-BREQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT )
Treatment of unregistered firm losses as registered firm affects loss set off and carry forward under income tax. Losses of unregistered firms assessed under the statutory assessment clause are to be dealt with as if the firm were registered, meaning their assessment ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Treatment of unregistered firm losses as registered firm affects loss set off and carry forward under income tax.
Losses of unregistered firms assessed under the statutory assessment clause are to be dealt with as if the firm were registered, meaning their assessment year losses are subject to the same set off and carry forward rules applicable to registered firms.
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