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2011 (1) TMI 1113 - HC - Income TaxCarry forward of business loss u/s 10B(6) - 100% EOU - In the absence of prior intimation in terms of Section 10B(8) the assessing officer declined the benefit of carry forward of loss claimed by the assessee - Held that:- As respondent had forfeited the claim under Section 10B because they were debonded by the Development Commissioner initially on provisional basis and thereafter through final order passed on 21.10.1999 - assessee in fact was well aware of the withdrawal of the benefit by the Development Commissioner, and so much so in the income tax return filed for 1999-2000 they had not claimed the benefit of deduction under Section 10B - Appeal is dismissed
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