https://www.taxtmi.com/caselaws?id=345754 The ITAT Mumbai allowed the Assessee's appeal, holding that the manual return filed within the due date was valid despite subsequent belated electronic filing. The court emphasized the importance of substantial compliance over technicalities, directing the Assessing Officer to reconsider income/loss computation based on the manual return. The decision highlighted that denying carry forward of losses based on a technicality when the return was timely filed would be unjust, invoking Section 292B to support the validity of the manual return. en-us Fri, 05 May 2017 00:00:00 +0530 Wed, 26 Jul 2017 08:16:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345754 The ITAT Mumbai allowed the Assessee's appeal, holding that the manual return filed within the due date was valid despite subsequent belated electronic filing. The court emphasized the importance of substantial compliance over technicalities, directing the Assessing Officer to reconsider income/loss computation based on the manual return. The decision highlighted that denying carry forward of losses based on a technicality when the return was timely filed would be unjust, invoking Section 292B to support the validity of the manual return. Case-Laws Income Tax Fri, 05 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345754