Power of CIT(A) to allow set off of the losses during the course ...

Income Tax

August 5, 2019

Power of CIT(A) to allow set off of the losses during the course of assessment proceedings by way of revised computation instead of revised return u/s 139(5) - Supreme court decision restrict power of the assessing authority to entertain a claim for deduction otherwise than by a revised return and did not impinge on the powers of the appellate authority - CIT(A) rightly allowed the claim

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Power of CIT(A) to allow set off of the losses during the course ...

Income Tax

August 5, 2019

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