Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1999 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1999 (9) TMI 53 - HC - Income TaxExtract: .......the Income-tax Act (from sections 28 to 43), for the purpose of carrying forward such losses/allowances to the next year, without paying any attention to the fact that actually the assessee was charged to tax in this year in accordance with the provisions of section 115J only. Reference is answered in favour of the Revenue and against the assessee.
|