https://www.taxtmi.com/caselaws?id=462393 ITAT Kolkata allowed the assessee's appeal regarding carry forward of business loss. The CIT(A) had disallowed the loss carry forward because the return was filed on 01/11/2019 at 00:02:07 hours, being 2 minutes 7 seconds late from the due date of 31/10/2019. The tribunal held that the minimal delay was due to technical glitch/malfunctioning in the Income Tax Department's system/portal, for which the assessee cannot be penalized. Following precedent in Palava Dwellers Pvt. Ltd., the tribunal directed the Assessing Officer to allow the carry forward of loss as claimed. en-us Mon, 28 Nov 2022 00:00:00 +0530 Thu, 19 Jun 2025 15:29:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462393 ITAT Kolkata allowed the assessee's appeal regarding carry forward of business loss. The CIT(A) had disallowed the loss carry forward because the return was filed on 01/11/2019 at 00:02:07 hours, being 2 minutes 7 seconds late from the due date of 31/10/2019. The tribunal held that the minimal delay was due to technical glitch/malfunctioning in the Income Tax Department's system/portal, for which the assessee cannot be penalized. Following precedent in Palava Dwellers Pvt. Ltd., the tribunal directed the Assessing Officer to allow the carry forward of loss as claimed. Case-Laws Income Tax Mon, 28 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462393