Not allowing the carry forward of the business loss - If any ...

Revenue Authority Can Deny Business Loss Carry Forward Only in Claim Year, Not in Future Assessments.

December 23, 2019

Case Laws Income Tax AT

Not allowing the carry forward of the business loss - If any loss is not be allowed to be carried forward as discussed above, then the revenue has the power to deny the claim of the assessee in that very year only - However, the Revenue has no remedy/power to disturb such claim of the assessee in any other assessment year.

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Not allowing the carry forward of the business loss - If any ...

Revenue Authority Can Deny Business Loss Carry Forward Only in Claim Year, Not in Future Assessments.

December 23, 2019

Case Laws Income Tax AT

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