2018 (10) TMI 728

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....r.DR ORDER Per M.Balaganesh, AM 1.These two appeals of the assessee arise out of the separate orders passed the ld. Commissioner of Income Tax (in short the Ld. CIT(A)] in appeal nos. 1157 &1877/CIT(A)-2/14-15 dated 01.07.2016 for assessment years 2012-13 and 2013-14 respectively against the intimation u/s 143(1) passed by CPC Bangalore on 23.03.2013 and 12.11.2014 for assessment years 20....

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....40,36,369/- without assigning any reason. 4. Similarly in the assessment year 2013-14, the assessee company had claimed set off of brought forward loss of Rs. 22,03,636/- pertaining to assessment year 2005-06 in the return of income. However while processing the return u/s 143(1) set off of the same was not allowed by the CPC, Bangalore. 5. The assessee preferred an appeal before the Ld. CIT....

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..... 70,03,340/- and the same was computed by the CPC, Bangalore at Rs. 85,44,650/- without assigning any reason. The assessee has also preferred 154 petition before the ld. AO for the same as the rectification rights to transfer to the jurisdictional Assessing officer on 05.02.2016 as is evident from the e-filing website of Income tax Department. This was also not acted upon by the ld. AO. 8. In ....