https://www.taxtmi.com/caselaws?id=66181 The Tribunal partially allowed the appeal, upholding the decision not to carry forward losses for the assessment years 1975-76 and 1976-77 but confirming the carry forward and set off of losses for the assessment years 1977-78 to 1980-81. The Tribunal considered the timing of return filings and applicability of section 139(4) in determining the validity of losses for each assessment year, citing relevant legal authorities and precedents to support its decision. en-us Thu, 13 Mar 1986 00:00:00 +0530 Tue, 22 Feb 2011 10:17:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66181 The Tribunal partially allowed the appeal, upholding the decision not to carry forward losses for the assessment years 1975-76 and 1976-77 but confirming the carry forward and set off of losses for the assessment years 1977-78 to 1980-81. The Tribunal considered the timing of return filings and applicability of section 139(4) in determining the validity of losses for each assessment year, citing relevant legal authorities and precedents to support its decision. Case-Laws Income Tax Thu, 13 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66181