https://www.taxtmi.com/caselaws?id=38734 The High Court of Punjab and Haryana held that a registered firm cannot claim carry forward of losses under section 75(2) of the Income-tax Act. This section is an exception as partners can individually apportion and carry forward losses. Judges O. Chinnappa Reddy, M. R. Sharma, and A. A. Dave presided over the decision. en-us Tue, 19 Oct 1976 00:00:00 +0530 Thu, 08 Apr 2010 16:20:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38734 The High Court of Punjab and Haryana held that a registered firm cannot claim carry forward of losses under section 75(2) of the Income-tax Act. This section is an exception as partners can individually apportion and carry forward losses. Judges O. Chinnappa Reddy, M. R. Sharma, and A. A. Dave presided over the decision. Case-Laws Income Tax Tue, 19 Oct 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38734