https://www.taxtmi.com/caselaws?id=782423 ITAT Indore set aside the impugned order concerning carry forward of business losses for AY 2017-18. The assessee and Revenue agreed that, as there were losses in both AY 2016-17 and AY 2017-18, the assessee would restrict its claim to an 8-year carry forward period reckoned from AY 2016-17 only. ITAT directed the assessee to file an affidavit-cum-declaration to this effect before the AO and ensure it is uploaded on the CPC portal within 30 days to avoid future distortion in tax computation. Upon such compliance, ITAT directed the AO to delete the addition/disallowance and proceed in accordance with the Act. en-us Mon, 06 Oct 2025 00:00:00 +0530 Thu, 27 Nov 2025 10:20:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782423 ITAT Indore set aside the impugned order concerning carry forward of business losses for AY 2017-18. The assessee and Revenue agreed that, as there were losses in both AY 2016-17 and AY 2017-18, the assessee would restrict its claim to an 8-year carry forward period reckoned from AY 2016-17 only. ITAT directed the assessee to file an affidavit-cum-declaration to this effect before the AO and ensure it is uploaded on the CPC portal within 30 days to avoid future distortion in tax computation. Upon such compliance, ITAT directed the AO to delete the addition/disallowance and proceed in accordance with the Act. Case-Laws Income Tax Mon, 06 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782423