New Delhi, July 23 -- A taxpayer who filed a revised income tax return (ITR) to disclose additional capital gains cannot be denied the benefit of carrying forward capital losses if the original return was filed within the due date under the Income-tax Act, the Income Tax Appellate Tribunal (ITAT), Bengaluru, has ruled.

According to an Economic Times report, the tribunal granted relief to a Bengaluru-based taxpayer whose claim to carry forward a long-term capital loss of Rs.2.99 lakh was rejected by the Centralised Processing Centre (CPC) after he filed a revised return.

The taxpayer had originally filed his ITR for Assessment Year (AY) 2021-22 on October 5, 2021, declaring taxable income of about Rs.1.31 crore. In the original return, h...