Case Law Details
Case Name : M/s Shree Krishna Vatika Construction Pvt. Ltd. Vs DCIT (ITAT Jaipur)
Related Assessment Year : 2011-12 to 2013-14
Courts :
All ITAT ITAT Jaipur
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M/s Shree Krishna Vatika Construction Pvt. Ltd. Vs DCIT (ITAT Jaipur)
From the record we also found that the assessee had attended the proceedings under the bonafide belief that the losses as claimed (which was same in both returns filed u/s 139(1) and 153A) were duly being assessed by the AO, and this intention of the AO to treat the current year loss of the assessee as its additional income was never intimated during the assessment proceeding. Rather it was noticed only when the assessment order was received, thus no
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Hi
I filed my ITR2 return on 24th Dec 2020 (AY 20-21). I filled in Schedule 112A, Schedule CFL and sheet “Part B – TI – TTI” point 16 correctly shows current year losses to be carried forward. However, the acknowledgement I received (after e-verification) shows current year losses as 0?!
Please can you help confirm why that may have happened and how can I correct it?
Thanks