Disallowance of carry forward of business/unabsorbed ...

Disallowing carry forward of business or unabsorbed depreciation is inappropriate in appeals if pending rectification by Assessing Officer.

March 17, 2021

Case Laws Income Tax AT

Disallowance of carry forward of business/unabsorbed depreciation in absence of evidences - when the issue is already pending before the learned Assessing Officer for rectification, it is not appropriate for her to decide on that issue in appellate proceedings. - AT

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Disallowance of carry forward of business/unabsorbed ...

Disallowing carry forward of business or unabsorbed depreciation is inappropriate in appeals if pending rectification by Assessing Officer.

March 17, 2021

Case Laws Income Tax AT

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