https://www.taxtmi.com/caselaws?id=327049 The Tribunal allowed the appeal of the assessee, overturning the disallowance of Rs. 50 lakhs as a business loss, the disallowance of labor expenditure, and the disallowance of brought forward losses and unabsorbed depreciation. The Tribunal directed the Assessing Officer to allow these claims in computing the taxable income of the assessee. en-us Wed, 13 Apr 2016 00:00:00 +0530 Sat, 04 Jun 2016 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327049 The Tribunal allowed the appeal of the assessee, overturning the disallowance of Rs. 50 lakhs as a business loss, the disallowance of labor expenditure, and the disallowance of brought forward losses and unabsorbed depreciation. The Tribunal directed the Assessing Officer to allow these claims in computing the taxable income of the assessee. Case-Laws Income Tax Wed, 13 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327049