Unabsorbed business losses can only be carried forward if calculated from a return filed on time u/s 139(1).

Unabsorbed business losses can only be carried forward if calculated from a return filed on time u/s 139(1). https://www.taxtmi.com/highlights?id=4179 Unabsorbed business loss – carry forward of losses - assessee shall be entitled to carry forward unabsorbed business loss only if such loss is computed based on a return filed within the statutory period provided under section 139(1). - HC en-us Thu, 28 Jun 2012 10:10:51 +0530 Thu, 28 Jun 2012 10:10:51 +0530 TaxTMI RSS Generator Unabsorbed business losses can only be carried forward if calculated from a return filed on time u/s 139(1). https://www.taxtmi.com/highlights?id=4179 Unabsorbed business loss – carry forward of losses - assessee shall be entitled to carry forward unabsorbed business loss only if such loss is computed based on a return filed within the statutory period provided under section 139(1). - HC Highlights Income Tax Thu, 28 Jun 2012 10:10:51 +0530 https://www.taxtmi.com/highlights?id=4179