https://www.taxtmi.com/caselaws?id=59717 The Tribunal ruled in favor of the assessee, allowing the appeal and permitting the carry forward of the loss. The four returns filed by the assessee's sub-divisions were deemed valid under section 292B, and the return filed on October 29, 2002, was not considered a revised return under section 139(5). Despite a dissenting opinion from the Vice-President, the majority opinion prevailed, enabling the assessee to carry forward the loss as per section 139(3). en-us Fri, 09 Jan 2009 00:00:00 +0530 Tue, 21 May 2024 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59717 The Tribunal ruled in favor of the assessee, allowing the appeal and permitting the carry forward of the loss. The four returns filed by the assessee's sub-divisions were deemed valid under section 292B, and the return filed on October 29, 2002, was not considered a revised return under section 139(5). Despite a dissenting opinion from the Vice-President, the majority opinion prevailed, enabling the assessee to carry forward the loss as per section 139(3). Case-Laws Income Tax Fri, 09 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59717