https://www.taxtmi.com/caselaws?id=431097 The Tribunal directed the AO to re-examine the issue of carry forward of the short-term capital loss claimed by the assessee in light of the observations made, thereby allowing the appeal of the assessee for statistical purposes. The judgment clarifies that revised returns filed within the statutory period should be considered valid for the carry forward of losses, provided the original return declared positive income. en-us Fri, 28 Oct 2022 00:00:00 +0530 Tue, 06 Dec 2022 09:38:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431097 The Tribunal directed the AO to re-examine the issue of carry forward of the short-term capital loss claimed by the assessee in light of the observations made, thereby allowing the appeal of the assessee for statistical purposes. The judgment clarifies that revised returns filed within the statutory period should be considered valid for the carry forward of losses, provided the original return declared positive income. Case-Laws Income Tax Fri, 28 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431097