Condoning late submission of ITR-V

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What section empowers the ITD to condone delayed submission of ITR-V?

What is the time frame by which this condonation request is to be processed?
Replies (1)
SEC 119 OF INCOME TAX ACT CBDT IS EMPOWERED ASKING INCOME TAX AUTHORITY TO ADMIT BELATED APPLICATION OF REFUND,LOSS AND ANY OTHER REILEF.
CONDONING OF LATE SUBMISSION OF ITR V COVERED UNDER ANY OTHER RELIEF

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