https://www.taxtmi.com/caselaws?id=49500 Absence of a written notification under section 24(3) means the computed loss is not final and may be reopened and redetermined in a subsequent assessment; separately, losses from the assessee's personal business, including his share of loss from another firm, cannot be set off under section 24(1) against taxed share income received from an unregistered firm, so that set-off is disallowed and the taxpayer prevails on that point. en-us Tue, 07 Mar 1961 00:00:00 +0530 Sat, 14 Aug 2010 16:08:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49500 Absence of a written notification under section 24(3) means the computed loss is not final and may be reopened and redetermined in a subsequent assessment; separately, losses from the assessee's personal business, including his share of loss from another firm, cannot be set off under section 24(1) against taxed share income received from an unregistered firm, so that set-off is disallowed and the taxpayer prevails on that point. Case-Laws Income Tax Tue, 07 Mar 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49500