ITAT allowed the assessee's appeal, permitting carry forward of...

ITAT allowed the assessee's appeal, permitting carry forward of current year's business loss despite a 28-minute delay in filing tax return due to technical difficulties with Digital Signature Certificate registration. The tribunal considered the bonafide hardship faced by the non-resident foreign company and remitted the matter to the Jurisdictional Assessing Officer for verification of the loss carry forward claim, consistent with judicial precedent that appellate authorities retain discretion to entertain such claims. The appeal was allowed for statistical purposes, directing further procedural examination of the loss carry forward eligibility under applicable tax regulations.