https://www.taxtmi.com/caselaws?id=71392 The Tribunal held that returns filed beyond the statutory time limit were void ab initio, rendering the claim for carrying forward losses untenable. The Tribunal emphasized strict compliance with filing provisions and rejected the assessee's argument for setting off previous losses based on voluntarily filed returns. The decision reversed the Commissioner's ruling, restoring the orders of the Income Tax Officer and allowing the revenue's appeals. en-us Tue, 19 Oct 1982 00:00:00 +0530 Sat, 23 Apr 2011 11:34:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71392 The Tribunal held that returns filed beyond the statutory time limit were void ab initio, rendering the claim for carrying forward losses untenable. The Tribunal emphasized strict compliance with filing provisions and rejected the assessee's argument for setting off previous losses based on voluntarily filed returns. The decision reversed the Commissioner's ruling, restoring the orders of the Income Tax Officer and allowing the revenue's appeals. Case-Laws Income Tax Tue, 19 Oct 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71392