https://www.taxtmi.com/caselaws?id=11563 Where the material version of section 80, read with section 139, did not yet confine loss carry-forward to a return filed under section 139(3), a return filed under section 139 was sufficient to support determination of loss and its carry forward. Legislative history and the earlier 1922 Act regime showed that the later-amended restriction relied on by the Revenue was not applicable to the assessment year in question. The assessee was therefore entitled to carry forward and set off the loss, and the question was answered in favour of the assessee. en-us Mon, 09 Apr 2001 00:00:00 +0530 Sat, 30 Jan 2010 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11563 Where the material version of section 80, read with section 139, did not yet confine loss carry-forward to a return filed under section 139(3), a return filed under section 139 was sufficient to support determination of loss and its carry forward. Legislative history and the earlier 1922 Act regime showed that the later-amended restriction relied on by the Revenue was not applicable to the assessment year in question. The assessee was therefore entitled to carry forward and set off the loss, and the question was answered in favour of the assessee. Case-Laws Income Tax Mon, 09 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11563