https://www.taxtmi.com/caselaws?id=420558 The Tribunal upheld the decision of the ld. CIT (Appeals) allowing the carry forward and set off of deficits from earlier years against the income of the current assessment year. The Tribunal dismissed the Revenue's appeal, emphasizing adherence to legal provisions and court decisions in such matters. en-us Thu, 17 Mar 2022 00:00:00 +0530 Mon, 04 Apr 2022 14:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420558 The Tribunal upheld the decision of the ld. CIT (Appeals) allowing the carry forward and set off of deficits from earlier years against the income of the current assessment year. The Tribunal dismissed the Revenue's appeal, emphasizing adherence to legal provisions and court decisions in such matters. Case-Laws Income Tax Thu, 17 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420558