2025 (8) TMI 188

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.....R. Makwana, Sr.DR ORDER PER B.R. BASKARAN, A.M : The assessee has filed this appeal challenging the order dt.24-09-2024 passed by the Ld. Commissioner of Income Tax (Appeals)-National Faceless Appeal Centre (NFAC), Delhi ["Ld.CIT(A)"] and it relates to AY. 2011-12. The assessee is aggrieved by the decision of the Ld.CIT(A) in confirming the addition of Rs. 3.66 crores made by the AO in t....

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....d losses to be set off, which have not been properly considered by the Audit Party. The details of brought forward losses were submitted by the Ld.AR as under:- A.Y. Assessed Profit /Loss of Current Year Brought forward loss Total/Net loss adjsuted Balance loss carried forward 2006-07 7,41,93,308 0 0 7,41,93,308 2007-08 - 0 0 - 2008-09 2,45,00,926....