×

Section 121 of Income Tax Act - Submission of return for losses

22
Last Updated: 01-04-2026

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).