https://www.taxtmi.com/caselaws?id=11755 An assessee who filed the return within section 139(4), though not within section 139(1), was held entitled to carry forward business loss because section 80, as applicable to the assessment year, required only that the loss be determined in pursuance of a return filed under section 139. The later amendment requiring filing within the time allowed under section 139(1) or extended time was held to be prospective and not applicable to the year in question, so the carry-forward claim succeeded. en-us Mon, 24 Mar 2003 00:00:00 +0530 Sun, 07 Feb 2010 16:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11755 An assessee who filed the return within section 139(4), though not within section 139(1), was held entitled to carry forward business loss because section 80, as applicable to the assessment year, required only that the loss be determined in pursuance of a return filed under section 139. The later amendment requiring filing within the time allowed under section 139(1) or extended time was held to be prospective and not applicable to the year in question, so the carry-forward claim succeeded. Case-Laws Income Tax Mon, 24 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11755