https://www.taxtmi.com/caselaws?id=364728 The court clarified that the obligation to file a return is suspended until receiving a notice under Section 153A(1)(a) of the Income Tax Act during search and seizure operations under Section 132. Filing within the specified time is crucial for carrying forward losses. Returns filed under Section 153A(1)(a) are deemed timely under Section 139(1), allowing benefits under Section 139(3). The assessing officer decides on loss carry-forwards, not at other stages. The judgment set aside Appellate Tribunal orders for clarification on notice issuance date and return filing time, to be resolved by the Income Tax Appellate Tribunal within three months. en-us Mon, 25 Jun 2018 00:00:00 +0530 Sat, 15 Jun 2019 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364728 The court clarified that the obligation to file a return is suspended until receiving a notice under Section 153A(1)(a) of the Income Tax Act during search and seizure operations under Section 132. Filing within the specified time is crucial for carrying forward losses. Returns filed under Section 153A(1)(a) are deemed timely under Section 139(1), allowing benefits under Section 139(3). The assessing officer decides on loss carry-forwards, not at other stages. The judgment set aside Appellate Tribunal orders for clarification on notice issuance date and return filing time, to be resolved by the Income Tax Appellate Tribunal within three months. Case-Laws Income Tax Mon, 25 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364728