Tripura State Electricity Corporation Limited vs. Principal Commissioner of Income Tax, Shillong
The appeal is partly allowed as above
ITA/1/2023HC Tripura14 Aug 2025
Bench: HON'BLE THE CHIEF JUSTICE,HON'BLE MR. JUSTICE S. DATTA PURKAYASTHA
Section 139(1)Section 139(5)Section 142(1)Section 143(2)Section 260A
23.
While the assessment proceedings were still pending, the
appellant filed a revised return on 23.02.2015 under Section 139(5) of the Act
showing total loss of (-) Rs.194,75,04,007/-.
24.
Admittedly Section 139(5) as it stood at the relevant point of
time provided that if any person, having furnished a return under Section
