section 121
Submission of return for losses
Income Tax Act 2025Tax2025570 sections23 chapters
Chapter VII Set off or carry forward and set off of losses
Statutory text
Irrespective of anything contained in this Chapter, no loss which has not been determined in pursuance of a return filed under section 263(1), shall be carried forward and set off under section 111(1) or 112(1) or 113(2) or 114(2) or 115(2).
Study data processing for this section.
PDF: pending for this language.