https://www.taxtmi.com/caselaws?id=277515 The Tribunal allowed the assessee's appeal, directing the Assessing Officer to permit the carry forward of losses claimed. It held that returns filed under Section 153A should be treated as revised returns, enabling the carry forward of losses, as the assessment under Section 153A constitutes a fresh assessment. The Tribunal emphasized that deductions claimed under Section 153A cannot be denied solely for not being claimed in the original assessment. The decision was pronounced on 23rd December 2011. en-us Fri, 23 Dec 2011 00:00:00 +0530 Thu, 06 Apr 2023 10:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277515 The Tribunal allowed the assessee's appeal, directing the Assessing Officer to permit the carry forward of losses claimed. It held that returns filed under Section 153A should be treated as revised returns, enabling the carry forward of losses, as the assessment under Section 153A constitutes a fresh assessment. The Tribunal emphasized that deductions claimed under Section 153A cannot be denied solely for not being claimed in the original assessment. The decision was pronounced on 23rd December 2011. Case-Laws Income Tax Fri, 23 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277515