Tribunal held that assessment order for earlier year pending in appeal .Accordingly the Assessing officer to pass consequential order with regard to set off of brought forward losses keeping in mind outcome of appeal . ( AY.2009 10 to 2013-14)
Manipal Health Systems P. Ltd. v. ACIT (2018) 65 ITR 51( SN)) (Bang) (Trib)
S. 72 : Carry forward and set off of business losses -Assessment Order for earlier year pending in appeal — Assessing officer to pass consequential order with regard to set off of brought forward losses keeping in mind outcome of appeal .