https://www.taxtmi.com/caselaws?id=385994 The Tribunal dismissed the Revenue's appeal challenging the carry forward of loss without filing Form No. 3CEB, stating the return cannot be deemed invalid without prior notice to rectify defects. The Tribunal also rejected the justification for reopening assessment based on the absence of Form No. 3CEB, citing lack of new incriminating material and impermissibility of reopening due to a change of opinion. The Tribunal ruled in favor of the assessee, emphasizing the necessity of notifying defects before deeming the return invalid. en-us Tue, 03 Sep 2019 00:00:00 +0530 Thu, 19 Sep 2019 13:28:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385994 The Tribunal dismissed the Revenue's appeal challenging the carry forward of loss without filing Form No. 3CEB, stating the return cannot be deemed invalid without prior notice to rectify defects. The Tribunal also rejected the justification for reopening assessment based on the absence of Form No. 3CEB, citing lack of new incriminating material and impermissibility of reopening due to a change of opinion. The Tribunal ruled in favor of the assessee, emphasizing the necessity of notifying defects before deeming the return invalid. Case-Laws Income Tax Tue, 03 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385994