https://www.taxtmi.com/caselaws?id=375158 The tribunal dismissed the appeal of the assessee, upholding the decision of the Commissioner of Income Tax (Appeals) regarding the disallowance of set off of carried forward business loss and current business loss against income from other sources. The tribunal emphasized the lack of business activity by the assessee during the relevant period, leading to the rejection of the claim for business loss. Consequently, the tribunal found no grounds to interfere with the Commissioner's decision, affirming the dismissal of the assessee's appeal. en-us Thu, 10 Jan 2019 00:00:00 +0530 Fri, 15 Feb 2019 08:08:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375158 The tribunal dismissed the appeal of the assessee, upholding the decision of the Commissioner of Income Tax (Appeals) regarding the disallowance of set off of carried forward business loss and current business loss against income from other sources. The tribunal emphasized the lack of business activity by the assessee during the relevant period, leading to the rejection of the claim for business loss. Consequently, the tribunal found no grounds to interfere with the Commissioner's decision, affirming the dismissal of the assessee's appeal. Case-Laws Income Tax Thu, 10 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375158