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Disallowance of carry forward of loss - Since no claim of set off of loss is made by the assessee in this year the action of AO in rejecting to allow carry forwarded is not tenable as it preempts the future quasi-judicial powers of the AO who has to actually set off of the loss if and when there are profits - Tri

Income Tax - Disallowance of carry forward of loss - Since no claim of set off of loss is made by the assessee in this y .....

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