https://www.taxtmi.com/acts?id=10842 If a taxpayer fails to furnish the return of income by the due date, the amounts of 'unabsorbed current capital loss', 'unabsorbed current loss from ordinary sources' and 'unabsorbed current loss from the special source' for that financial year are deemed to be nil, thereby preventing aggregation, carry forward, or set off of those specified current losses regardless of any other provisions of the Code. en-us Thu, 20 Aug 2009 12:22:56 +0530 Thu, 20 Aug 2009 12:22:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10842 If a taxpayer fails to furnish the return of income by the due date, the amounts of 'unabsorbed current capital loss', 'unabsorbed current loss from ordinary sources' and 'unabsorbed current loss from the special source' for that financial year are deemed to be nil, thereby preventing aggregation, carry forward, or set off of those specified current losses regardless of any other provisions of the Code. Act-Rules Bills Thu, 20 Aug 2009 12:22:56 +0530 https://www.taxtmi.com/acts?id=10842