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 )
Carry forward of losses requires prior filing of return to permit set-off under income tax provisions. Losses must be determined in a return filed in accordance with the statutory return-filing provision before they can be carried forward and set off; ... Summary
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Carry forward of losses requires prior filing of return to permit set-off under income tax provisions.
Losses must be determined in a return filed in accordance with the statutory return-filing provision before they can be carried forward and set off; absent such a return-based determination, carry forward and set-off under the income-tax carry-forward provisions is barred.
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