https://www.taxtmi.com/caselaws?id=21038 The High Court allowed the carry forward of the loss for the assessment year 1982-83 under section 80 of the Income-tax Act, 1961, despite the return being filed late. The Court held that even if the return was filed after the due date but before the assessment was completed, the loss could still be carried forward. As a result, the High Court ruled in favor of the assessee on this issue. The question of the 'SMC' Bench of the Tribunal's jurisdiction was not addressed due to the favorable decision on the primary issue. en-us Mon, 08 Feb 1993 00:00:00 +0530 Wed, 18 Nov 2009 17:19:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21038 The High Court allowed the carry forward of the loss for the assessment year 1982-83 under section 80 of the Income-tax Act, 1961, despite the return being filed late. The Court held that even if the return was filed after the due date but before the assessment was completed, the loss could still be carried forward. As a result, the High Court ruled in favor of the assessee on this issue. The question of the 'SMC' Bench of the Tribunal's jurisdiction was not addressed due to the favorable decision on the primary issue. Case-Laws Income Tax Mon, 08 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21038