CBDT FAQ Deep-Dive Series #3: Loss Carry-Forward Continuity Under Section 536 Sub-Clause 5 of the Income-tax Act 2025 – How Section 72 Business Loss, Section 32(2) Unabsorbed Depreciation, Section 115JAA MAT Credit, and Section 115JD AMT Credit Survive the April 1, 2026 Cutover
Third installment of the CBDT FAQ Deep-Dive Series on the Income-tax Act 2025. Section 536 sub-clause 5 preserves every loss carry-forward and credit carry-forward window: Section 72 business loss (8 AYs), Section 32(2) unabsorbed depreciation (no limit), Section 115JAA MAT credit (15 AYs), Section 115JD AMT credit (15 AYs). Section 79, 80, and 78 forfeiture gates continue to apply. Nine-step file review sprint and five-Q FAQ for practitioner client memos.