RAJASTHAN R.S.S. & GINNING MILLS FED.LTD vs. DY. COMMNR. OF INCOME TAX, JAIPUR

The appeal is dismissed

4 JUDGMENT accumulative losses. After the amalgamation of the four co- operative societies into the appellant society, when Income- Tax returns for the assessment years 1994-95 and 1995-96 were filed by the appellant society, the appellant society wanted to get the accumulated losses of the aforestated societies, of about Rs.2,68,39,504/-, carried forward, so that