CBDT Grants Delay Condonation for AY 2023-24 Income Returns Claiming Section 80P

Last updated: 01 November 2024


The Central Board of Direct Taxes (CBDT) has recently issued Circular No. 14/2024 on October 30, 2024, which allows for the condonation of delay in filing income tax returns for Assessment Year (AY) 2023-24 specifically for entities claiming deductions under Section 80P of the Income Tax Act, 1961.
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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