https://www.taxtmi.com/caselaws?id=64247 The Tribunal allowed the appeal of the assessee, remanding the issue to the Assessing Officer to consider the applications for extension judiciously. The Tribunal directed a fresh decision on the carry forward of loss, emphasizing the duty of the Assessing Officer to review extension applications even if filed after the allowed time, as per the proviso to Section 139(1) of the Income Tax Act, 1961. en-us Mon, 30 Aug 1993 00:00:00 +0530 Sat, 05 Feb 2011 16:30:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64247 The Tribunal allowed the appeal of the assessee, remanding the issue to the Assessing Officer to consider the applications for extension judiciously. The Tribunal directed a fresh decision on the carry forward of loss, emphasizing the duty of the Assessing Officer to review extension applications even if filed after the allowed time, as per the proviso to Section 139(1) of the Income Tax Act, 1961. Case-Laws Income Tax Mon, 30 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64247