https://www.taxtmi.com/caselaws?id=764910 The MP HC dismissed an appeal filed against an ITAT order that allowed an assessee's claim for losses to be carried forward. The Revenue had denied benefits under sections 11 and 12 and assessed total income at nil for seven years against declared losses. The HC held that no substantial question of law arose from the ITAT's decision, as the appellant merely disputed factual findings under the guise of legal questions. The court found no perversity in the ITAT's well-reasoned order and refused to entertain the appeal under Section 260A. en-us Fri, 10 Jan 2025 00:00:00 +0530 Mon, 20 Jan 2025 12:29:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764910 The MP HC dismissed an appeal filed against an ITAT order that allowed an assessee's claim for losses to be carried forward. The Revenue had denied benefits under sections 11 and 12 and assessed total income at nil for seven years against declared losses. The HC held that no substantial question of law arose from the ITAT's decision, as the appellant merely disputed factual findings under the guise of legal questions. The court found no perversity in the ITAT's well-reasoned order and refused to entertain the appeal under Section 260A. Case-Laws Income Tax Fri, 10 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764910