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Sudarshan patidar

Section 119(2)(b) Delayed filing...
Hi Amlan,

How to raise condonation request for delay for filing of returns not filed for FY 2015 16 and 2016 17 upto 31st March 2018
Assessee has genuine hardship ( he suffers serious disease like heart block and refund amount is 55,000.
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Amlan Dutta
The condonation process is not online and has to be done through paper application to CIT under section 119(2)(b)... go and meet him if possible through representation or assesse himself ...Once condonation approved, return filed using section 119(2)(b) shall be processed by the assessing officer ...
The condonation process is not online and has  to be done through paper application to CIT under section 119(2)(b)... go and meet him if possible through representation or assesse himself ...Once condonation approved, return filed using section 119(2)(b) shall be processed by the assessing officer       <br />                                                                                                                                       <br />       Now, to give some background  , the section 119(2)(b) offer's relief to taxpayer in terms of filing but with permission <br /><br />Section 119 of the Income Tax Act, 1961 is about to Instructions to subordinate authorities providing measures for the purpose of efficient management of the Revenue and give relief from undue hardship to the assessee.<br /><br />Section 119(2)(b) provides that CBDT for avoiding genuine hardship authorize income tax authority to admit an belated application or claim for any deduction, exemption, refund or any other relief even after the expiry of the period specified under the Act for making such claim or application.<br /><br />However, note no Condonation for claim of refund or loss shall be entertained beyond six years from the end of the assessment year for which application or claim is made. The limit of six years is uniform for all authorities considering the application or claim.<br /><br />Eg:- Suppose , belated period of filing is over and someone could not submit return due to genuine hardship and has excess TDS interest credit ( from banks) for which he seeks refund , he can use this section to his benefit                                                                      <br />                                                                                                                                            <br />  In this case assesse has genuine hardship so he will apply for condonation request to principal commissioner /CIT( since value is less than 10 lakhs) ....He will also use offline utility and select section 119(2)(b) to file this return ...once condonation request is accepted , the filed return shall be processed by the assessing officer                                            Not immediately , but i may make shortly tutorial for this subject.
  • May 14, 2018
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Pradeep

Section 119(2)(b) Delayed filing...
Sir how to i know and where that my condonation of delay application accepted
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Amlan Dutta
Under status of filed returns,.you can check status
  • April 26, 2018
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Debashis Chakraborty

Section 119(2)(b) Delayed filing...
Sir, is it possible to file ITR for AY 2017-2018 by any means?
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Amlan Dutta
You can seek condonation from principal commissioner of income tax under section 119 (2)(b)...if he agrees then you can submit time barred return using this section alongwith 139 and your assessing officer shall process....
  • April 20, 2018
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shaikshabeer

Section 119(2)(b) Delayed filing...
what it means "are you filing u/s 119(2)(b)/92cd" in itr new option introduced?
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Amlan Dutta
Yes one can see that the facility to upload return u/s 119(2)(b) enabled for time barred delayed claim of exemption deduction or relief and (ii) modified return of income under APA u/s 92CD

Basically , these are section that offer relief to taxpayer in terms of filing but with permission

Section 119...
Yes one can see that the facility to upload return u/s 119(2)(b) enabled for time barred delayed claim of exemption deduction or relief and (ii) modified return of income under APA u/s 92CD <br /><br />Basically , these are section that offer relief to taxpayer in terms of filing but with permission <br /><br />Section 119 of the Income Tax Act, 1961 is about  to Instructions to subordinate authorities providing measures for the purpose of efficient management of the Revenue and give relief from undue hardship to the assessee.<br /><br />Section 119(2)(b) provides that CBDT for avoiding genuine hardship authorize income tax authority to admit an belated application or claim for any deduction, exemption, refund or any other relief even after the expiry of the period specified under the Act for making such claim or application.<br /><br />However, note no Condonation for claim of refund or loss shall be entertained beyond six years from the end of the assessment year for which application or claim is made. The limit of six years is uniform for all authorities considering the application or claim.<br /><br />Eg:- Suppose , belated period of filing is over and someone could not submit return due to genuine hardship and has excess TDS  interest credit ( from banks) for which he seeks refund , he can use this section to his benefit <br /><br /><br />Section 92CD provides that irrespective of section 139, where any person has entered into an advance pricing agreement and before entering such agreement,has already furnished  return of income for the year to which such agreement applies, the person shall furnish a modified return within three months.<br /><br />Eg:- Suppose , i have filed a return under section 139(1) ( due return ) , but however enter in advance pricing agreement subsequently , then i can submit a modified return due to the provision of the section 92 CD
  • April 19, 2018
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