https://www.taxtmi.com/caselaws?id=366475 The appellate tribunal ruled in a case involving the denial of carry forward of losses under section 79 of the Income Tax Act, stating that the Assessing Officer cannot determine denial of carry forward for future years. Regarding disallowance under section 14A, the tribunal upheld the partial disallowance directed by the CIT(A). Additionally, the tribunal confirmed the disallowance of maintenance expenses against recoveries from tenants, as the appellant failed to prove these were not part of the Annual Letting Value. The appeal was partly allowed for the assessee and dismissed for the Revenue. en-us Tue, 26 Jun 2018 00:00:00 +0530 Tue, 04 Sep 2018 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366475 The appellate tribunal ruled in a case involving the denial of carry forward of losses under section 79 of the Income Tax Act, stating that the Assessing Officer cannot determine denial of carry forward for future years. Regarding disallowance under section 14A, the tribunal upheld the partial disallowance directed by the CIT(A). Additionally, the tribunal confirmed the disallowance of maintenance expenses against recoveries from tenants, as the appellant failed to prove these were not part of the Annual Letting Value. The appeal was partly allowed for the assessee and dismissed for the Revenue. Case-Laws Income Tax Tue, 26 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366475