https://www.taxtmi.com/caselaws?id=181100 The Tribunal allowed the appeal of the assessee, setting aside the CIT(A)'s order and permitting the carry forward of the loss claimed in the revised return filed under section 139(5) for Assessment Year 2005-06. The Tribunal emphasized that the revised return rectified the mistake within the time limit prescribed, and the loss declared in the revised return should be treated as declared under section 139(3). en-us Wed, 17 Aug 2011 00:00:00 +0530 Thu, 07 Apr 2016 12:35:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181100 The Tribunal allowed the appeal of the assessee, setting aside the CIT(A)'s order and permitting the carry forward of the loss claimed in the revised return filed under section 139(5) for Assessment Year 2005-06. The Tribunal emphasized that the revised return rectified the mistake within the time limit prescribed, and the loss declared in the revised return should be treated as declared under section 139(3). Case-Laws Income Tax Wed, 17 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181100