CBDT extends Time Period for Processing Income Tax Returns with Refund claims beyond prescribed Time Limits for Non-Scrutiny Cases [Read Order]

CBDT - refund - non-scrutiny cases - Taxscan

The Central Board of Direct Taxes (CBDT) notified the extension of the time period for Processing returns with refund claims beyond prescribed time limits for non-scrutiny cases from September 30, 2021, to November 30, 2021.

“Central Board of Direct Taxes (Board) vide its order under section 119 of the Income-tax Act, 1961 (Act) dated 05.07.2021 on the captioned subject relaxed the time frame prescribed in the second proviso to sub-section (1) of Section 143 of the 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 Section 143 of the Act and which had become time-barred, should be processed by 30.09.2021 subject to the conditions/exceptions specified therein,” the notification said.

The matter has been reconsidered by the Board in view of pending taxpayer’s grievances related to the issue of refund. To mitigate the genuine hardship being faced by the taxpayers on this issue, Board, by virtue of its power under section 119 of the Act and in partial modification of its earlier order under section 119 of the Act dated 05.07.2021, supra, hereby further extends the time frame mentioned in the para no.3 of the said order from 30.09.2021 to 30.11.2021.

However, all other contents of the said order under section 119 of the Act dated 05.07.2021 will remain unchanged.

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