https://www.taxtmi.com/caselaws?id=404509 The ITAT Jaipur ruled in favor of the assessee, overturning the lower authorities' decisions. The Tribunal determined that the correction in the return filed under section 153A was a rectification of a clerical error, not a fresh claim. Consequently, the disallowance of the loss to be carried forward was deemed incorrect. en-us Wed, 08 Jul 2020 00:00:00 +0530 Tue, 29 Oct 2024 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404509 The ITAT Jaipur ruled in favor of the assessee, overturning the lower authorities' decisions. The Tribunal determined that the correction in the return filed under section 153A was a rectification of a clerical error, not a fresh claim. Consequently, the disallowance of the loss to be carried forward was deemed incorrect. Case-Laws Income Tax Wed, 08 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404509