Section 121 — Submission of return for losses
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).
Related sections
- Section 108 — Set off of losses under same head of income
- Section 109 — Set off of losses under any other head of income
- Section 110 — Carry forward and set off of loss from house property
- Section 111 — Carry forward and set off of loss from Capital gains
- Section 112 — Carry forward and set off of business loss
- Section 113 — Set off and carry forward of losses computed in respect of speculation business
- Section 114 — Set off and carry forward of losses computed in respect of specified business
- Section 115 — Set off and carry forward of losses from specified activity
- Section 116 — Treatment of accumulated losses and unabsorbed depreciation in amalgamation or demerger, etc
- Section 117 — Treatment of accumulated losses and unabsorbed depreciation in scheme of amalgamation in certain cases
- Section 118 — Carry forward and set off of losses and unabsorbed depreciation in business reorganization of co-operative banks
- Section 119 — Carry forward and set off of losses not permissible in certain cases
- Section 120 — No set off of losses against undisclosed income consequent to search, requi-sition and survey