ACIT, CIRCLE 1(2) vs. M/S. SERAJUDDIN AND CO.
ITA/44/2022HC Orissa15 Mar 2023
Bench: : The Hon’Ble Justice T.S. Sivagnanam & The Hon’Ble Justice Bivas Pattanayak Date : 26Th July, 2022 Appearance :- Mr. Soumen Bhattacharjee, Adv. … For Appellant Mr. S.M. Surana, Adv. Mr. Bhaskar Sengupta, Adv. Md. Afzal Ansari, Adv. … For Respondent
Section 11Section 11(1)(a)Section 260A
Trust
reported in 208 ITR 372?
(iv)
Whether disallowance of set off of earlier years of losses of
Rs.6,04,16,031/- The Income Tax Appellant Tribunal has
referred to several decisions of Hon’ble Courts as well as
3
Tribunals. However, Hon’ble Supreme Court has allowed the
losses in two decisions viz. (i) in the case of Rajasthan
