Assessing Officer Must Correct Excess Capital Loss in Year Claimed, Not During Set-Off Year. https://www.taxtmi.com/highlights?id=14778 Excessive carry-forward loss – If the A.O. was of the opinion that the capital loss has been determined in excess wrongly, then he should have taken action to determine the correct loss in the relevant year where such loss has been claimed and determined and he should not have reduced such loss in which only set off was claimed - HC en-us Fri, 27 Sep 2013 20:04:18 +0530 Fri, 27 Sep 2013 20:04:18 +0530 TaxTMI RSS Generator Assessing Officer Must Correct Excess Capital Loss in Year Claimed, Not During Set-Off Year. https://www.taxtmi.com/highlights?id=14778 Excessive carry-forward loss – If the A.O. was of the opinion that the capital loss has been determined in excess wrongly, then he should have taken action to determine the correct loss in the relevant year where such loss has been claimed and determined and he should not have reduced such loss in which only set off was claimed - HC Highlights Income Tax Fri, 27 Sep 2013 20:04:18 +0530 https://www.taxtmi.com/highlights?id=14778