Section 121: Submission of return for losses

The Income-tax Act, 2025Central Act · Act 30 of 2025

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).

Where this provision sits

Act	The Income-tax Act, 2025
Section	121
Marginal note	Submission of return for losses
Jurisdiction	Central
Status	In force as published by the source

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