https://www.taxtmi.com/caselaws?id=440819 The High Court quashed the order rejecting the application to carry forward losses beyond the stipulated period, citing lack of clear reasons for the decision. The matter was remanded back to the tax authority with directions to provide a reasoned order, consider all submissions, and allow a personal hearing. The tax authority was instructed to dispose of the application within 12 weeks. en-us Mon, 17 Jul 2023 00:00:00 +0530 Wed, 26 Jul 2023 14:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440819 The High Court quashed the order rejecting the application to carry forward losses beyond the stipulated period, citing lack of clear reasons for the decision. The matter was remanded back to the tax authority with directions to provide a reasoned order, consider all submissions, and allow a personal hearing. The tax authority was instructed to dispose of the application within 12 weeks. Case-Laws Income Tax Mon, 17 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440819