https://www.taxtmi.com/caselaws?id=470344 Brought-forward business loss for assessment year 2021-22 was available for set-off against income for assessment year 2022-23 because the loss had been restored in appellate proceedings and the return for the loss year was filed within the extended due date under Circular No. 01/2022. The timely filing satisfied the condition for carrying forward the business loss, allowing its set-off against the subsequent year's income. en-us Wed, 19 Mar 2025 00:00:00 +0530 Thu, 23 Jul 2026 20:51:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470344 Brought-forward business loss for assessment year 2021-22 was available for set-off against income for assessment year 2022-23 because the loss had been restored in appellate proceedings and the return for the loss year was filed within the extended due date under Circular No. 01/2022. The timely filing satisfied the condition for carrying forward the business loss, allowing its set-off against the subsequent year's income. Case-Laws Income Tax Wed, 19 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470344