https://www.taxtmi.com/caselaws?id=6199 A voluntary business-loss return filed after the time specified in the general notice could not be used to claim determination and carry forward of loss under section 24(2). Section 22(2A) created a limited exception allowing carry forward only where the assessee, not having received a notice under section 22(2), filed the loss return within the time fixed under section 22(1) or within extended time allowed by the Income-tax Officer. Although section 22(3) permitted a return before assessment, that general liberty could not override the specific time limit in section 22(2A). The return was filed out of time without extension, so the loss was not entitled to be determined and carried forward. en-us Thu, 30 Apr 1970 00:00:00 +0530 Fri, 27 Nov 2015 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6199 A voluntary business-loss return filed after the time specified in the general notice could not be used to claim determination and carry forward of loss under section 24(2). Section 22(2A) created a limited exception allowing carry forward only where the assessee, not having received a notice under section 22(2), filed the loss return within the time fixed under section 22(1) or within extended time allowed by the Income-tax Officer. Although section 22(3) permitted a return before assessment, that general liberty could not override the specific time limit in section 22(2A). The return was filed out of time without extension, so the loss was not entitled to be determined and carried forward. Case-Laws Income Tax Thu, 30 Apr 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6199