https://www.taxtmi.com/caselaws?id=60607 The Tribunal partly allowed the appeal, upholding the CIT(A)'s power to enhance the assessment under section 251(1)(a). However, it directed the ITO to allow the set-off of unabsorbed carry-forward losses, finding that the assessee was carrying on business during the relevant period. The other issues regarding specific claims and charging of interest were not pressed and therefore not decided by the Tribunal. en-us Sun, 16 Feb 1992 00:00:00 +0530 Fri, 07 Jan 2011 11:49:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60607 The Tribunal partly allowed the appeal, upholding the CIT(A)'s power to enhance the assessment under section 251(1)(a). However, it directed the ITO to allow the set-off of unabsorbed carry-forward losses, finding that the assessee was carrying on business during the relevant period. The other issues regarding specific claims and charging of interest were not pressed and therefore not decided by the Tribunal. Case-Laws Income Tax Sun, 16 Feb 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60607