https://www.taxtmi.com/caselaws?id=17268 A loss return filed within a validly extended time limit satisfies the timeliness requirement for carry forward of loss under section 139(3) of the Income-tax Act, 1961. On the facts, the assessee had filed the return during the extended period, the assessment accepted the returned loss, and the objection based solely on alleged delay was rejected. The Tribunal's view allowing carry forward was therefore sustained, consistent with the court's earlier decision on identical facts. en-us Wed, 24 Jul 1996 00:00:00 +0530 Mon, 21 Sep 2009 12:34:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17268 A loss return filed within a validly extended time limit satisfies the timeliness requirement for carry forward of loss under section 139(3) of the Income-tax Act, 1961. On the facts, the assessee had filed the return during the extended period, the assessment accepted the returned loss, and the objection based solely on alleged delay was rejected. The Tribunal's view allowing carry forward was therefore sustained, consistent with the court's earlier decision on identical facts. Case-Laws Income Tax Wed, 24 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17268