9911796707
TMI Blog2022 (12) TMI 1155X X X X Extracts X X X X X X X X Extracts X X X X ..... for the assessment year 2010-11, well within the time permitted u/s. 139 (i) i.e. on 31st July 2011. In this view of the matter, the very foundation of impugned adjustment under section 143(1) is wholly unsustainable in law. We, therefore, vacate the impugned action of the AO to allow the set off of loss brought forward from the assessment year 2010-11. The assessee, accordingly, get the relief fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... In law and in facts and circumstances of the Appellant's case, the learned Commissioner of Income Tax (Appeals) has grossly erred in not allowing set off of brought forward long term capital loss of Rs 1,53,158 of Asst Year 2011-12. 3. In law and in facts and circumstances of the Appellant's case, the learned Commissioner of Income Tax (Appeals) has grossly erred in charging interes ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... was filed on 31/07/2011 vide receipt no 0621002696, with ITO, Ward 6(2), Ahmedabad. The return of Income was filed in time. Kindly correct your database. The set off is rightly claimed by me while filing ROI for AY 2019-20 . The plea of the assessee is summarily dismissed by the Assessing Officer (CPC) by observing that disagreed . A copy of the screenshot showing the objection raised by the Ass ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... return, for the assessment year 2010-11, well within the time permitted u/s. 139 (i) i.e. on 31st July 2011. In this view of the matter, the very foundation of impugned adjustment under section 143(1) is wholly unsustainable in law. We, therefore, vacate the impugned action of the Assessing Officer to allow the set off of loss brought forward from the assessment year 2010-11. The assessee, accord ..... X X X X Extracts X X X X X X X X Extracts X X X X
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