https://www.taxtmi.com/caselaws?id=213606 The Tribunal directed the Assessing Officer to verify and allow the set off and carry forward of losses, emphasizing the importance of correctly allowing set off of carry forward losses against current income. The Tribunal declined to impose exemplary costs, urging coordination between tax authorities to prevent unnecessary disputes and litigation. en-us Wed, 23 May 2012 00:00:00 +0530 Sat, 26 May 2012 13:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213606 The Tribunal directed the Assessing Officer to verify and allow the set off and carry forward of losses, emphasizing the importance of correctly allowing set off of carry forward losses against current income. The Tribunal declined to impose exemplary costs, urging coordination between tax authorities to prevent unnecessary disputes and litigation. Case-Laws Income Tax Wed, 23 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213606