Chartered Accountant Aditi Bhardwaj has flagged a critical glitch in the ITR-2 online utility—an error that could cause tax returns to be flagged, adjusted, or rejected under Section 143(1). In a post on X, Bhardwaj pointed out an inconsistency in how the utility handles capital gains and loss adjustments in the Brought Forward Loss Adjustment (BFLA) and Carry Forward Loss (CFL) schedules. Here’s what she found: A taxpayer reported Rs1,44,108 in Long-Term Capital Gains (LTCG), partially offset by Rs 6,585 in short-term capital loss (STCL). This brought the net LTCG to Rs 1,37,523, which was further offset by Rs 48,233 in brought forward capital losses from Assessment Year 2023–24. After adjustments, Rs 89,290 remained, falling under the tax exemption limit of Section 112A.