2019 (9) TMI 808 - ITAT MUMBAI - Income Tax

Head Note / Extract:
Rectification application u/s 154 - carry forward of the losses - HELD THAT:- We set-aside the impugned order and direct AO to consider the aforesaid claim u/s 154 as urged by assessee before us. AO is directed to allow the carry forward of the losses, if found admissible as per law, after due verification. The assessee is directed to substantiate the same including quantification thereof.