TMI BlogAssessee had shown positive income in the returns, but in the assessment, the business loss was...Assessee had shown positive income in the returns, but in the assessment, the business loss was determined by the AO – thus, the assessee is entitled for the benefit of carry forward of business loss - AO cannot rectify the assessment u/s 154 - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|