Section 76 - Losses of unregistered firms assessed as registered firms (Omitted) - Income-tax Act, 1961

76. 3 [ **** ] *************** NOTES:- 1. Omitted vide Section 19 of the Direct Tax Laws (Amendment) Act, 1987 w.e.f. 01-04-1989 before it was read as, Losses of unregistered firms assessed as registered firms. 76. In the case of an unregistered firm assessed under the provi sions of clause (b) of section 183 in respect of any assessment year, its losses for that assessment year shall be dealt with as if it were a registered firm. 2. Re-introduced vide Section 95 of the Direct Tax Laws (Amendment) Act, 1989 w.e.f. 01-04-1989 3. Omitted vide Section 39 of the Finance Act, 1992 w.e.f. 01-04-1993 before it was read as, 1 [ **** ] 2 [Losses of unregistered firms assessed as registered firms. 76. In the case of an unregistered firm assessed under the provi sions of clause (b) of section 183 in respect of any assessment year, its losses for that assessment year shall be dealt with as if it were a registered firm. ]