https://www.taxtmi.com/caselaws?id=60490 The Tribunal allowed the appeal, ruling that the return filed by the appellant-company in response to a notice under section 139(2) of the Income-tax Act, 1961 was valid. The Tribunal held that the return was timely and valid, rejecting the CIT (Appeals) decision that the return should be deemed invalid under section 139(10). The Assessing Officer was directed to allow the appellant-company to carry forward the business loss as assessed. en-us Fri, 28 Apr 1995 00:00:00 +0530 Wed, 05 Jan 2011 15:40:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60490 The Tribunal allowed the appeal, ruling that the return filed by the appellant-company in response to a notice under section 139(2) of the Income-tax Act, 1961 was valid. The Tribunal held that the return was timely and valid, rejecting the CIT (Appeals) decision that the return should be deemed invalid under section 139(10). The Assessing Officer was directed to allow the appellant-company to carry forward the business loss as assessed. Case-Laws Income Tax Fri, 28 Apr 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60490