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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Merger of order passed u/s 254(2) with main order of Tribunal - ...


Court Rejects Revenue's Challenge; Appeal Against Main Tribunal Order on Tax Losses and Depreciation Not Maintainable Under Sec 254(2.

July 6, 2019

Case Laws     Income Tax     HC

Merger of order passed u/s 254(2) with main order of Tribunal - set off of brought forward losses and unabsorbed depreciation - the order passed in the miscellaneous petition stood merged with the earlier order and the composite order being questioned before the Court and the challenge at the instance of the revenue having been rejected then appeal against main order is not maintainable

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