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Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta(Hybrid Hearing) I.T.A. No. 686/Asr/2024 Assessment Year: 2022-23
72, and unabsorbed depreciation, brought forward claimed u/s 32(2) of the Act 61. 4.1 The AO, CPC, Bengaluru disallowed the claim of brought forward loss to be set-off against the current business income of Rs.34,48,171/-, and determined the assessed income at Rs.34.63 lakhs u/s 143(1) ignoring the provisions of section