Carryforward of losses conditioned on prior filing and determination, barring set-off without a filed return. Requirement that losses be claimed by a return controls eligibility to carry forward and set off: where a loss has not been determined pursuant to a return filed under the specified provision, it cannot be carried forward or set off under the relevant provisions enumerated in 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.
Carryforward of losses conditioned on prior filing and determination, barring set-off without a filed return.
Requirement that losses be claimed by a return controls eligibility to carry forward and set off: where a loss has not been determined pursuant to a return filed under the specified provision, it cannot be carried forward or set off under the relevant provisions enumerated in the Chapter.
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