Tag Archives: sections 139

Carry forward of loss due to Assessment

By | August 1, 2015

Question: when the Assessee filed the income tax return after the Prescribed period u.s 139 (1) and declared the income but in the Assessment proceedings loss has been determined by the Assessing Officer , Whether the Assesse can carry forward the Loss in view of the provision that as per Section 80 of the Act, the benefit… Read More »