https://www.taxtmi.com/caselaws?id=792008 A later adjustment disallowing brought forward long-term capital loss could not be sustained where the claim had already been accepted in rectification proceedings and the revised processing produced an inconsistent computation of income; the disallowance was deleted. Fee under section 234F was also not leviable because the return had been filed within the prescribed due date under section 139(1), so the levy rested on an incorrect assumption of belated filing; the fee was deleted. The appellate order was therefore set aside in full, granting the assessee relief on both connected issues. en-us Tue, 19 May 2026 00:00:00 +0530 Thu, 21 May 2026 08:30:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792008 A later adjustment disallowing brought forward long-term capital loss could not be sustained where the claim had already been accepted in rectification proceedings and the revised processing produced an inconsistent computation of income; the disallowance was deleted. Fee under section 234F was also not leviable because the return had been filed within the prescribed due date under section 139(1), so the levy rested on an incorrect assumption of belated filing; the fee was deleted. The appellate order was therefore set aside in full, granting the assessee relief on both connected issues. Case-Laws Income Tax Tue, 19 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792008