Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2017 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (5) TMI 1564 - AT - Income TaxCarry forward of deficit and allowing set off against the income of the subsequent years - exemption u/s 11 - Held that:- We find that the learned CIT(A) has rightly followed the judgement of Institute of Banking Personnel [2003 (7) TMI 52 - BOMBAY HIGH COURT] and directed the A.O. to allow the carry forward and set off of deficit after due verification of facts - Decided in favour of assessee.
|