{"id":8086,"date":"2024-10-24T12:39:26","date_gmt":"2024-10-24T12:39:26","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=8086"},"modified":"2025-01-26T18:34:58","modified_gmt":"2025-01-26T18:34:58","slug":"cbdt-guidelines-for-handling-delayed-tax-refund-claims","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/cbdt-guidelines-for-handling-delayed-tax-refund-claims\/","title":{"rendered":"CBDT Guidelines for Handling Delayed Tax Refund Claims"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5027\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2022\/10\/Income-tax-Compliance.jpg\" alt=\"Income tax Compliance\" width=\"927\" height=\"617\" \/><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e00ce5cf036\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e00ce5cf036\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-guidelines-for-handling-delayed-tax-refund-claims\/#CBDT_Guidelines_for_Handling_Delayed_Old_pending_Tax_Refund_Claims\" title=\"CBDT Guidelines for Handling Delayed Old pending Tax Refund Claims\">CBDT Guidelines for Handling Delayed Old pending Tax Refund Claims<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-guidelines-for-handling-delayed-tax-refund-claims\/#Key_Highlights_of_Central_Board_of_Direct_Taxes_Circular_No_112024\" title=\"Key Highlights of Central Board of Direct Taxes Circular No. 11\/2024:\">Key Highlights of Central Board of Direct Taxes Circular No. 11\/2024:<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-guidelines-for-handling-delayed-tax-refund-claims\/#Condonation_Applications\" title=\"Condonation Applications: \">Condonation Applications: <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-guidelines-for-handling-delayed-tax-refund-claims\/#Monetary_Limits_for_Authorities_Authority_for_Handling_Claims\" title=\"Monetary Limits for Authorities: Authority for Handling Claims:\">Monetary Limits for Authorities: Authority for Handling Claims:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-guidelines-for-handling-delayed-tax-refund-claims\/#5-Year_Deadline_for_Claims\" title=\"5-Year Deadline for Claims: \">5-Year Deadline for Claims: <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-guidelines-for-handling-delayed-tax-refund-claims\/#No_Interest_on_Late_Refunds\" title=\"No Interest on Late Refunds:\">No Interest on Late Refunds:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-guidelines-for-handling-delayed-tax-refund-claims\/#Last_Chance_to_Claim_Your_Refund\" title=\"Last Chance to Claim Your Refund\">Last Chance to Claim Your Refund<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-guidelines-for-handling-delayed-tax-refund-claims\/#Who_is_required_to_file_Income_Tax_Returns\" title=\"Who is required to file Income Tax Returns ?\u00a0\">Who is required to file Income Tax Returns ?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-guidelines-for-handling-delayed-tax-refund-claims\/#Fake_donations_to_parties_charities_under_tax_lens\" title=\"Fake donations to parties, charities under tax lens\">Fake donations to parties, charities under tax lens<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"CBDT_Guidelines_for_Handling_Delayed_Old_pending_Tax_Refund_Claims\"><\/span><span style=\"color: #000080;\"><strong>CBDT Guidelines for Handling Delayed Old pending Tax Refund Claims<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>The Central Board of Direct Taxes issued Circular No. 11\/2024 on October 1, 2024, providing new guidelines for condoning delays in filing Income Tax Returns (ITRs) that claim refunds or carry forward losses u\/s 119(2)(b) of the Income-tax Act, 1961. This circular supersedes earlier instructions and introduces a structured process for handling delay-related claims based on specific monetary thresholds.<\/li>\n<li>This Central Board of Direct Taxes issued Circular No. 11\/2024 on October 1, 2024 is aimed at providing a clearer and more organized process for handling delayed claims, while maintaining a structured approach for different levels of claim amounts. It also highlights the importance of prompt action by tax authorities in processing such applications.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Key_Highlights_of_Central_Board_of_Direct_Taxes_Circular_No_112024\"><\/span><span style=\"color: #000080;\"><strong>Key Highlights of Central Board of Direct Taxes Circular No. 11\/2024:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Condonation_Applications\"><\/span><span style=\"color: #000080;\"><strong>Condonation Applications: <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Taxpayers must submit condonation applications within five years from the end of the relevant assessment year for refund claims or loss carry-forward applications.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Monetary_Limits_for_Authorities_Authority_for_Handling_Claims\"><\/span><span style=\"color: #000080;\"><strong>Monetary Limits for Authorities: Authority for Handling Claims:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Principal Commissioners of Income Tax (Pr. CsIT\/CsIT): Empowered to handle delay claims involving amounts up to \u20b91 crore.<\/li>\n<li>Chief Commissioners of Income Tax (CCsIT): Handle claims between \u20b91 crore and \u20b93 crores.<\/li>\n<li>Principal Chief Commissioners of Income Tax (Pr. CCsIT): Manage claims exceeding \u20b93 crores.<\/li>\n<li>Condonation of Delay in Verification:<\/li>\n<li>The Central Processing Centre (CPC) in Bengaluru is now authorized to process applications for condonation of delays in verifying ITRs.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"5-Year_Deadline_for_Claims\"><\/span><span style=\"color: #000080;\"><strong>5-Year Deadline for Claims: <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>No application will be entertained if it is filed beyond five years from the end of the relevant assessment year. This applies to all applications submitted on or after October 1, 2024. In cases of refunds arising from <strong>court orders<\/strong>, the five-year limit does not include the period the case was pending in court.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"No_Interest_on_Late_Refunds\"><\/span><span style=\"color: #000080;\"><strong>No Interest on Late Refunds<\/strong>:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>No interest will be paid on refunds for claims that were delayed. Taxpayers have six months from the date of the court order to file for condonation.<\/li>\n<li>The CBDT reserves the right to review grievances arising from the application of these guidelines, ensuring transparency and efficiency for taxpayers seeking refunds or loss carry-forward approvals due to delayed ITR filing<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Last_Chance_to_Claim_Your_Refund\"><\/span><span style=\"color: #000080;\"><strong>Last Chance to Claim Your Refund<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8287\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-38-33.jpg\" alt=\"Last Chance to Claim Your Refund\" width=\"1234\" height=\"1234\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-38-33.jpg 1234w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-38-33-300x300.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-38-33-1024x1024.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-38-33-150x150.jpg 150w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-38-33-768x768.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-38-33-800x800.jpg 800w\" sizes=\"(max-width: 1234px) 100vw, 1234px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_is_required_to_file_Income_Tax_Returns\"><\/span><span style=\"color: #000080;\"><strong>Who is required to file Income Tax Returns ?\u00a0<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8288\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-52-12.jpg\" alt=\"Tax return \" width=\"1080\" height=\"1080\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-52-12.jpg 1080w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-52-12-300x300.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-52-12-1024x1024.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-52-12-150x150.jpg 150w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-52-12-768x768.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2024-12-20_12-52-12-800x800.jpg 800w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Fake_donations_to_parties_charities_under_tax_lens\"><\/span><span style=\"color: #000080;\"><strong>Fake donations to parties, charities under tax lens<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8510\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2025-01-27_00-03-07.jpg\" alt=\"Fake donations to parties, charities under tax lens\" width=\"772\" height=\"772\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2025-01-27_00-03-07.jpg 772w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2025-01-27_00-03-07-300x300.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2025-01-27_00-03-07-150x150.jpg 150w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/photo_2025-01-27_00-03-07-768x768.jpg 768w\" sizes=\"(max-width: 772px) 100vw, 772px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CBDT Guidelines for Handling Delayed Old pending Tax Refund Claims The Central Board of Direct Taxes issued Circular No. 11\/2024 on October 1, 2024, providing new guidelines for condoning delays in filing Income Tax Returns (ITRs) that claim refunds or carry forward losses u\/s 119(2)(b) of the Income-tax Act, 1961. This circular supersedes earlier instructions &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1035],"tags":[1122],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8086"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=8086"}],"version-history":[{"count":6,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8086\/revisions"}],"predecessor-version":[{"id":8512,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8086\/revisions\/8512"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=8086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=8086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=8086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}