https://www.taxtmi.com/caselaws?id=58007 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s orders, allowing the losses for both assessment years to be carried forward and set off in future years, dismissing the Revenue's appeals. The original returns filed by the assessee were deemed defective but not invalid, as no notice under section 139(9) was issued. The subsequent returns filed were considered replacements for the original ones, enabling the losses to be carried forward despite jurisdictional issues in one of the assessment years. en-us Wed, 29 May 1991 00:00:00 +0530 Wed, 15 Dec 2010 17:54:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58007 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s orders, allowing the losses for both assessment years to be carried forward and set off in future years, dismissing the Revenue's appeals. The original returns filed by the assessee were deemed defective but not invalid, as no notice under section 139(9) was issued. The subsequent returns filed were considered replacements for the original ones, enabling the losses to be carried forward despite jurisdictional issues in one of the assessment years. Case-Laws Income Tax Wed, 29 May 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58007