https://www.taxtmi.com/caselaws?id=467065 Assessment additions relating to carry forward of business loss, unabsorbed depreciation after amalgamation, and an item treated under section 41(1)(b) were restored because the dispute was intertwined with pending writ appeal proceedings and the assessee had complained of inadequate opportunity before the Assessing Officer. The appellate order was set aside, and the matter was remanded for fresh assessment after the High Court's decision and after granting proper opportunity to the assessee. The stated principle is that where the assessment foundation depends on pending higher-court proceedings and the assessee has not had a fair hearing, de novo consideration is appropriate. en-us Wed, 13 Nov 2024 00:00:00 +0530 Wed, 04 Mar 2026 17:18:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467065 Assessment additions relating to carry forward of business loss, unabsorbed depreciation after amalgamation, and an item treated under section 41(1)(b) were restored because the dispute was intertwined with pending writ appeal proceedings and the assessee had complained of inadequate opportunity before the Assessing Officer. The appellate order was set aside, and the matter was remanded for fresh assessment after the High Court's decision and after granting proper opportunity to the assessee. The stated principle is that where the assessment foundation depends on pending higher-court proceedings and the assessee has not had a fair hearing, de novo consideration is appropriate. Case-Laws Income Tax Wed, 13 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467065