Acts

121. Submission of return for losses

CHAPTER VII

SET OFF, OR CARRY FORWARD AND SET OFF OF LOSSES

Submission of return for losses

121. 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).

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