https://www.taxtmi.com/caselaws?id=70724 The Tribunal held that the Income Tax Officer was not obligated to compute losses from earlier years for set off if returns were not filed under section 139 of the Income-tax Act. Section 80 prohibits carrying forward losses not determined in filed returns, emphasizing adherence to statutory timelines for claiming set off. The decision differentiated from a previous case where returns were filed within an extended time limit, highlighting the statutory obligation in that scenario. The appeal was dismissed, affirming the lack of statutory obligation for the ITO in the current case. en-us Thu, 02 Aug 1984 00:00:00 +0530 Mon, 18 Apr 2011 17:48:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70724 The Tribunal held that the Income Tax Officer was not obligated to compute losses from earlier years for set off if returns were not filed under section 139 of the Income-tax Act. Section 80 prohibits carrying forward losses not determined in filed returns, emphasizing adherence to statutory timelines for claiming set off. The decision differentiated from a previous case where returns were filed within an extended time limit, highlighting the statutory obligation in that scenario. The appeal was dismissed, affirming the lack of statutory obligation for the ITO in the current case. Case-Laws Income Tax Thu, 02 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70724