https://www.taxtmi.com/caselaws?id=310254 The Tribunal allowed the appeal of the assessee regarding the allowance of carry forward of Short Term Capital Loss amounting to Rs. 57,22,815. The Tribunal held that the return claiming the loss was filed in accordance with the law, making the assessee eligible for carry forward of the loss. The Assessing Officer was directed to verify and compute the quantum of loss, and the issue was restored back to the AO for examination. The ground of appeal by the assessee was allowed for statistical purposes. en-us Thu, 11 May 2023 00:00:00 +0530 Fri, 13 Oct 2023 21:25:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310254 The Tribunal allowed the appeal of the assessee regarding the allowance of carry forward of Short Term Capital Loss amounting to Rs. 57,22,815. The Tribunal held that the return claiming the loss was filed in accordance with the law, making the assessee eligible for carry forward of the loss. The Assessing Officer was directed to verify and compute the quantum of loss, and the issue was restored back to the AO for examination. The ground of appeal by the assessee was allowed for statistical purposes. Case-Laws Income Tax Thu, 11 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310254