Condonation delay us 119(2)

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This query is : Resolved

chandraveercharan (Querist)

13 November 2014 Can anyone help me to find the format of report submission by assessing officer for delay condonation us. 119(2)(b) submitted to CIT

Amol S Joglekar

Amol S Joglekar (Expert)

13 November 2014 Sorry, I am not getting you. CBDT has to inform the concerned assessing officer to accept a particular case which is time barred. Why AO wants to inform the same in any FORMAT. Can you please elaborate?

Ganeshbabu K

Ganeshbabu K (Expert)

13 November 2014 If the refund is less than 1 lakh CIT can approve the same.
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No prescribed format you just draft a letter as u generally do reply to it authorities,

PROCEDURE TO FILE BELATED RETURN IN THIS CASE:-

1)File the refund-return before the Assessing Officer, but with a copy of a Condonation Petition addressed to the CIT.

2)The Condonation Petition should explain how the conditions prescribed in the CBDT's public Circular regarding condonation under S 119(2)(b) are satisfied.

3)Generally The delay has to be condoned by the CIT.however it is discretion of CIT ,,but department not bound to accept

4)Therefore prepare an Application (no prescribed Form) in Duplicate, explaining reasons for the delay, and praying for its condonation; send one copy to the CIT, and the other copy shall be attached to the belated return filed before the Assessing Office

5)TDS Certificates , 26AS Copy etc.,(Enclosures)

Refer my Convo,

https://www.caclubindia.com/experts/income-tax-refund-even-after-belated-return-time-period-expi-1469669.asp#.U5SNevQW11Y

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