Assessing Officer Must Follow Higher Authority's Directive to Allow Set-Off of Business Losses as Claimed by Taxpayer.

Disallowance of claim of brought forward business loss - the AO was under legal obligation to comply with the direction of higher authority. We therefore, considering the totality of the facts, direct the Assessing Authority to allow set off of the losses as claimed by the assessee before the Ld.DRP. - AT .....

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