“business loss carry forward”

Losses & Set-offSection 72Section 722 judgments

JAISINGH KRUSHNARAO CHAVHAN,NAGPUR vs. ITO WARD 4, AAYKAR BHAVAN NAGPUR

In the result, the appeal filed by the assessee is partly allowed

ITA 562/NAG/2025[2017-18]Status: DisposedITAT Nagpur17 Oct 2025AY 2017-18

Bench: Shri Pavan Kumar Gadalejaishingh Krushnarao Chavhan, 95, Butibori Industrial Area,Tiwari, Nagpur 440 002, ……………. Appellant Maharashtra. Pan -Adopc8820B V/S Income Tax Officer Ward–4, ……………. Respondent Aayakar Bhavan, Nagpur-440001, Maharashtra. Assessee By:Shri.Vivek K. Jani. A.R. Revenue By :Shri.Surjit Kumar Saha.Sr.Dr

For Appellant: Shri.Vivek K. Jani. A.RFor Respondent: Shri.Surjit Kumar Saha.Sr.DR

Section 139(1)Section 44A

financial statements. The Assessing Officer on a perusal of the information and financial statements found that the assessee has claimed set–off of business loss carry forward from earlier year to the extent of Rs.17,02,894/– and which pertains to the A.Y. 2011–12 and the Assessing Officer

INDIANROOTS RETAIL PRIVATE LIMITED,NEW DELHI vs. ACIT CIRCLE 12(1), NEW DELHI

In the result, the Assessee’s appeal is allowed for statistical purposes

ITA 3987/DEL/2024[2017-18]Status: DisposedITAT Delhi16 Dec 2024AY 2017-18

Bench: Shri Shamim Yahya & Shri Yogesh Kumar Usa.Yr. : 2017-18 Indianroots Retail Private Vs. Acit Circle 12(1), Limited, New Delhi 402, Archana Commercial Complex, B-Block Road, Greater Kailash-I, New Delhi – 48 (Pan: Aadcj2494H) (Appellant) (Respondent)

For Appellant: NoneFor Respondent: Shri Om Parkash, Sr. DR

Section 115BSection 250Section 250(6)Section 41(1)Section 68

appeal. 2. In this case, AO made various additions and assessed the income at Rs. 92,40,610/- u/s. 115BBE and business loss carry forwarded at Rs. 24,66,041/-. Upon assessee’s appeal, Ld. CIT(A) dismissed the appeal of the assesse for non-prosecution by applying Multiplan decision