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In the result, appeal filed by the assessee is allowed
Bench: Shri N.K. Billaiya & Shri Mahavir Prasad
carried forward loss is M/s. CVM Jewels Pvt. Ltd vs. ITO Asst.Year –2009-10 assessed. Copy of computation of income for A.Y. 2008-09 and assessment order for A.Y.2008-09 is enclosed herewith. The submission of the assessee vis-a-vis the facts of the case are considered. The assessee's submission is not based on the relevant records and facts