CBDT couldn’t condone delay to carry forward loss if same wasn’t even claimed in original ITR: HC Gaurangbhai Chimanbhai Kapadiya v. Union of India – [2024] 161 taxmann.com 304 (Gujarat) Assessee filed his return of income for the year 2015-16 belatedly under Section 139(4) by declaring a total income of Rs. 3,30,398. The assessee’s account…

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