https://www.taxtmi.com/caselaws?id=19050 The High Court of Gauhati ruled in favor of the assessee, allowing the carry forward of loss despite filing the return after the specified time under the Income-tax Act, 1961. The court held that the assessee is entitled to carry forward the loss if the return is filed within the time allowed under the Act. The decision favored the assessee, with no costs awarded. en-us Mon, 10 Jan 1994 00:00:00 +0530 Tue, 03 Nov 2009 16:32:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19050 The High Court of Gauhati ruled in favor of the assessee, allowing the carry forward of loss despite filing the return after the specified time under the Income-tax Act, 1961. The court held that the assessee is entitled to carry forward the loss if the return is filed within the time allowed under the Act. The decision favored the assessee, with no costs awarded. Case-Laws Income Tax Mon, 10 Jan 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19050