https://www.taxtmi.com/caselaws?id=263922 The tribunal partly allowed the appeal, directing the Assessing Officer to reconsider the set-off of the 10A unit loss against income from other sources in accordance with the CBDT Circular. Other grounds raised by the appellant were dismissed as not pressed. The tribunal emphasized the binding nature of beneficial CBDT Circulars on revenue authorities, setting aside the CIT(A)'s decision and restoring the matter for fresh consideration. en-us Fri, 04 Jul 2014 00:00:00 +0530 Mon, 14 Sep 2015 06:49:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263922 The tribunal partly allowed the appeal, directing the Assessing Officer to reconsider the set-off of the 10A unit loss against income from other sources in accordance with the CBDT Circular. Other grounds raised by the appellant were dismissed as not pressed. The tribunal emphasized the binding nature of beneficial CBDT Circulars on revenue authorities, setting aside the CIT(A)'s decision and restoring the matter for fresh consideration. Case-Laws Income Tax Fri, 04 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263922