2010 (11) TMI 70

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....ch, Lucknow (the Tribunal) in respect of assessment year (AY) 2001-02.   2. In the AY 1999-00, there were losses. The losses were indicated in the return filed by the assessee for that year. However, their determination did not take place.   3. In the AY 2001- 02, there were profits. The assessee claimed to set off the losses in the AY 1999-00 from the profits in the year 2001-02. This....