TRIVENI GLASS LIMITED,ALLAHABAD vs. INCOME TAX OFFICER WARD 2(3), ALLAHABAD

In the result, the appeal filed by assessee in ITA no

Bench: Shri.Vijay Pal Rao& Shri Ramit Kochar

rectification of this mistake i.e. set off of current year losses from its brought forward business losses and unabsorbed depreciation not allowed by the AO while computing the taxable income. Appellant has submitted that the AO rejected the petition filed u/s 154 without giving any reasonable ground. This submission is not correct as the AO has given a clear finding

TRIVENI GLASS LIMITED,ALLAHABAD vs. INCOME TAX OFFICER WARD 2(3) , ALLAHABAD