https://www.taxtmi.com/caselaws?id=13434 The High Court affirmed the Tribunal's decision, holding that the assessee was entitled to carry forward the assessed loss despite the late filing of the return. The court emphasized the importance of communicating decisions to prevent injustice, citing relevant case law and statutory provisions. The reference was answered in favor of the assessee, in accordance with section 80 of the Income-tax Act, 1961. en-us Thu, 15 Jun 2006 00:00:00 +0530 Thu, 28 May 2009 18:27:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13434 The High Court affirmed the Tribunal's decision, holding that the assessee was entitled to carry forward the assessed loss despite the late filing of the return. The court emphasized the importance of communicating decisions to prevent injustice, citing relevant case law and statutory provisions. The reference was answered in favor of the assessee, in accordance with section 80 of the Income-tax Act, 1961. Case-Laws Income Tax Thu, 15 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13434