https://www.taxtmi.com/caselaws?id=782508 ITAT, Mumbai dismissed the assessee's appeal and upheld the order of CIT(A). It held that the assessee's grievance regarding non-consideration of derivative loss arose from the intimation issued u/s 143(1), against which separate appeals and rectification applications had already been filed. The material on record did not show that the derivative loss issue was examined in the scrutiny assessment u/s 143(3) r/w 144B. As the issue did not emanate from the scrutiny assessment and there was no merger of the 143(1) intimation with the 143(3) order, CIT(A) rightly rejected the appeal. en-us Mon, 04 Aug 2025 00:00:00 +0530 Mon, 01 Dec 2025 08:50:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782508 ITAT, Mumbai dismissed the assessee's appeal and upheld the order of CIT(A). It held that the assessee's grievance regarding non-consideration of derivative loss arose from the intimation issued u/s 143(1), against which separate appeals and rectification applications had already been filed. The material on record did not show that the derivative loss issue was examined in the scrutiny assessment u/s 143(3) r/w 144B. As the issue did not emanate from the scrutiny assessment and there was no merger of the 143(1) intimation with the 143(3) order, CIT(A) rightly rejected the appeal. Case-Laws Income Tax Mon, 04 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782508