Intimation of loss: assessing officer must notify computed losses in writing; failure undermines assessment validity and is appealable. The assessing officer must notify the assessee in writing of any loss computed during assessment that is eligible for carry forward and set off under the set-off provisions; the written intimation and computation of loss are integral to a valid assessment and absence of such communication or computation renders the assessment procedurally defective and appealable.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Intimation of loss: assessing officer must notify computed losses in writing; failure undermines assessment validity and is appealable.
The assessing officer must notify the assessee in writing of any loss computed during assessment that is eligible for carry forward and set off under the set-off provisions; the written intimation and computation of loss are integral to a valid assessment and absence of such communication or computation renders the assessment procedurally defective and appealable.
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