https://www.taxtmi.com/caselaws?id=781440 ITAT KOLKATA - AT allowed the appeal, holding the assessee LLP entitled to carry forward and set off losses under s.71 and s.72. The tribunal found the return was filed before the LLP due date under s.132(9) (30 Sept) and therefore met the filing requirement under s.139(2), despite revenue authorities treating the due date as 31 July. Consequently, disallowance of loss carry-forward was reversed and the grounds raised by the LLP were allowed. en-us Fri, 31 Oct 2025 00:00:00 +0530 Sat, 15 Nov 2025 07:56:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781440 ITAT KOLKATA - AT allowed the appeal, holding the assessee LLP entitled to carry forward and set off losses under s.71 and s.72. The tribunal found the return was filed before the LLP due date under s.132(9) (30 Sept) and therefore met the filing requirement under s.139(2), despite revenue authorities treating the due date as 31 July. Consequently, disallowance of loss carry-forward was reversed and the grounds raised by the LLP were allowed. Case-Laws Income Tax Fri, 31 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781440