Excessive carry-forward loss – If the A.O. was of the opinion ...
Assessing Officer Must Correct Excess Capital Loss in Year Claimed, Not During Set-Off Year.
September 27, 2013
Case Laws Income Tax HC
Excessive carry-forward loss – If the A.O. was of the opinion that the capital loss has been determined in excess wrongly, then he should have taken action to determine the correct loss in the relevant year where such loss has been claimed and determined and he should not have reduced such loss in which only set off was claimed - HC
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