https://www.taxtmi.com/caselaws?id=278625 The ITAT Mumbai allowed the assessee trust to carry forward the deficit based on the jurisdictional High Court's decision. However, a calculation error was noted, and the correct deficit amount needed determination. The matter was remanded to the AO for this purpose, with the assessee instructed to provide necessary details. The appeal by the AO was partly allowed for statistical purposes, with the order pronounced in open court on 23rd October 2012. en-us Tue, 23 Oct 2012 00:00:00 +0530 Thu, 14 Feb 2019 15:32:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278625 The ITAT Mumbai allowed the assessee trust to carry forward the deficit based on the jurisdictional High Court's decision. However, a calculation error was noted, and the correct deficit amount needed determination. The matter was remanded to the AO for this purpose, with the assessee instructed to provide necessary details. The appeal by the AO was partly allowed for statistical purposes, with the order pronounced in open court on 23rd October 2012. Case-Laws Income Tax Tue, 23 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278625