https://www.taxtmi.com/caselaws?id=63454 The Tribunal allowed the appeal, directing the Assessing Officer to carry forward the computed loss to the succeeding assessment year and determine the business loss, depreciation, and investment allowance separately. The Tribunal emphasized the importance of fulfilling the conditions for carry forward of loss under the Act and highlighted the significance of proper communication and adherence to statutory requirements for claiming business losses. en-us Mon, 16 Aug 1993 00:00:00 +0530 Mon, 31 Jan 2011 10:50:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63454 The Tribunal allowed the appeal, directing the Assessing Officer to carry forward the computed loss to the succeeding assessment year and determine the business loss, depreciation, and investment allowance separately. The Tribunal emphasized the importance of fulfilling the conditions for carry forward of loss under the Act and highlighted the significance of proper communication and adherence to statutory requirements for claiming business losses. Case-Laws Income Tax Mon, 16 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63454