Notwithstanding anything contained in this Chapter, no loss which has not been determined in pursuance of a return filed 1 in accordance with the provisions of sub-section (3) of section 139, shall be carried forward and set off under sub-section (1) of section 72 or sub-section (2) of section 73 2 or sub-section (2) of section 73A or 3 sub-section (1) or sub-section (3) of section 74 4 or sub-section (3) of section 74A.
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1. Subs. by Act 4 of 1988, s. 126, for "within the
time allowed under sub-section (1) of section 139 or within such further time as
may be allowed by the Income-tax Officer" (w.e.f. 1-4-1989).
2. Ins. by Act 28 of 2016, s. 36 (w.e.f. 1-4-2016).
3. Subs. by Act 11 of 1987, s. 74, for “sub-section (1) of section 74” (w.e.f.
1-4-1988).
4. Ins. by Act 20 of 1974, s. 13 (w.e.f. 1-4-1975).
Section 74A Losses from certain specified sources falling under the head Income from other sources
Section 79 Carry forward and set off of losses in case of certain companies
Section 80 Submission of return for losses
Section 80A Deductions to be made in computing total income
Section 80AB Deductions to be made with reference to the income included in the gross total income
Section 80AC Deduction not to be allowed unless return furnished