Appeals

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 April 2013 What is the remedy for the following case?

Reference:Assessment Order AY 2010-11 , XYZ Ltd. Co.

Points in Assessment Order:

1.Wrong Claim of B/F Losses of Rs. 500000
Assessment Order for AY 2009-10 passed on 8-12-11 while return for AY 2010-11 on 13-09-2010, but this point can be conceded.

PLEASE SOMEONE SUGGEST ME TO WHAT TO DO IN ABOVE CASE ....
THE ABOVE POINT IS FROM ASSESSMENT ORDER .

THANKS IN ADVANCE...

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
Follow

21 May 2013 File the appeal before CIT(A) for 2010-11. You must have filed appeal for 2009-10 and only on finalisation of appeal the brought forward of losses can be adjusted.

Now, you have to deal with the penal proceedings u/s 271(1)(c)otherwise there will be penalty order against you. ssunderagarwal@gmail.com

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok