CBDT- Extension of Time Period for processing ITRs with refund claims beyond prescribed time limit

Last Updated On: Oct. 2, 2021, 10:50 p.m.
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CBDT Extends Time Period for processing ITRs with refund claims beyond prescribed time limits for non-scrutiny cases from Sep 30, 2021 till Nov 30, 2021

 

The CBDT vide Order having F. No. 225/98/2020 – ITA-II dated September 30, 2021 extended the time period for processing ITRs with refund claims beyond prescribed time limits for non-scrutiny cases from September 30, 2021 till November 30, 2021.

Central Board of Direct Taxes (“CBDT”) vide its order under section 119 of the Income-tax Act, 1961 (“the IT Act”) dated July 05, 2021 on the captioned subject relaxed the timeframe prescribed in second proviso to sub-section (1) of Section 143 of the IT Act. It was directed that all validly filed returns up to Assessment Year 2017-18 with refund claims, which could not be processed under sub-section (1) of the Section 143 of the IT Act and which had become time-barred, should be processed by September 30, 2021 subject to the conditions/ exceptions specified therein.

The matter has been re-considered by CBDT in view of pending taxpayer’s grievances related to issue of refund. To mitigate the genuine hardship being faced by the taxpayers on this issue, CBDT, by virtue of its power under section 119 of the IT Act and in partial modification of its earlier order under section 119 of the Act dated July 05, 2021, supra, hereby further extends the time frame mentioned in the para no.3 of the said order from September 30, 2021 to November 30, 2021.

All other contents of the said order u/s 119 of the IT Act dated July 05, 2021 will remain unchanged.

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