Condonation of delay

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Querist : Anonymous

Querist : Anonymous (Querist)

21 February 2014 Hi all,
Till what time (period)the Assessing officer or Commissioner may condone delay U/S 119(2) for late filling of return? specify the Sec or case law if any...

Nikhil Kaushik

Nikhil Kaushik (Expert)
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24 February 2014 well given that 119(2) is specifically to provide relief where the issue has become time-barred under normal provisions, there is time line as such. given that you want to file returns suo-moto, they would be more than happy to condone..

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Querist : Anonymous

Querist : Anonymous (Querist)

25 February 2014 but sir my case is of refund of 21000. and if return filling date is time barred [more then 139(4)] then under what to do???

Nikhil Kaushik

Nikhil Kaushik (Expert)
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26 February 2014 it would still be covered under 119(2). so kindly go ahead.

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