https://www.taxtmi.com/caselaws?id=58366 The Tribunal upheld the validity of the claim under section 80J(3) for carry forward and set off of deficiencies from earlier years. However, it found a flaw in the Commissioner's order for not assessing the conditions under section 80J(2) before allowing the claim. The matter was remanded to the ITO for a detailed examination of the fulfillment of section 80J(2) conditions by the assessee in the years of deficiency. The ITO was directed to provide a reasonable opportunity for the assessee to present their case before making a decision. en-us Tue, 04 May 1982 00:00:00 +0530 Sat, 18 Dec 2010 16:46:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58366 The Tribunal upheld the validity of the claim under section 80J(3) for carry forward and set off of deficiencies from earlier years. However, it found a flaw in the Commissioner's order for not assessing the conditions under section 80J(2) before allowing the claim. The matter was remanded to the ITO for a detailed examination of the fulfillment of section 80J(2) conditions by the assessee in the years of deficiency. The ITO was directed to provide a reasonable opportunity for the assessee to present their case before making a decision. Case-Laws Income Tax Tue, 04 May 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58366