https://www.taxtmi.com/caselaws?id=432724 The appeal was partly allowed, with the original assessment order dated 27/12/2016 being treated as the effective assessment order following the quashing of the revisionary order and subsequent developments in the case. The addition of Rs.6,35,58,558/- on account of Anticipated Loss was allowed, and the disallowance of this claim was set aside. The appeal against the subsequent assessment order dated 19/06/2019 was deemed irrelevant, and the original assessment order was reinstated as the valid assessment for the relevant period. en-us Fri, 02 Dec 2022 00:00:00 +0530 Wed, 11 Jan 2023 17:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432724 The appeal was partly allowed, with the original assessment order dated 27/12/2016 being treated as the effective assessment order following the quashing of the revisionary order and subsequent developments in the case. The addition of Rs.6,35,58,558/- on account of Anticipated Loss was allowed, and the disallowance of this claim was set aside. The appeal against the subsequent assessment order dated 19/06/2019 was deemed irrelevant, and the original assessment order was reinstated as the valid assessment for the relevant period. Case-Laws Income Tax Fri, 02 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432724