Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure 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-B - REQUIREMENT 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 house property loss allows set off against future house property income, subject to statutory limits. Where the net result under Income from house property is a loss not wholly set off under inter head set off rules, the unabsorbed loss shall be carried forward and set off against income from house property in subsequent assessment years; any remaining unadjusted loss is carried forward further for a limited statutory period, subject to the other provisions of the chapter.
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.
Provisions expressly mentioned in the judgment/order text.
Carry forward of house property loss allows set off against future house property income, subject to statutory limits.
Where the net result under Income from house property is a loss not wholly set off under inter head set off rules, the unabsorbed loss shall be carried forward and set off against income from house property in subsequent assessment years; any remaining unadjusted loss is carried forward further for a limited statutory period, subject to the other provisions of the chapter.
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