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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Assessing officer has not applied his mind to the issue raised ...


Assessing Officer's Error u/s 263 for Ignoring Carried Forward Losses and Depreciation Claims by Assessee.

October 21, 2013

Case Laws     Income Tax     AT

Assessing officer has not applied his mind to the issue raised by the assessee; therefore, the non application of mind to the issue raised by the assessee with regard to carried forward losses and depreciation is an error within the meaning of section 263 - AT

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