Condonation of delay in refund claims permits assessing officers to admit belated claims subject to specified conditions and supervisory safeguards.

Condonation of delay under section 119(2)(b) permits Assessing Officers to admit belated refund claims arising from excess tax deducted/collected at source and advance tax payments, subject to prescribed eligibility conditions and prior supervisory approval; admission requires scrutiny of genuineness including source and reasonableness of returned income, books of account, potential account manipulation, absence of supplementary claims and that income is not assessable in another person, with cases of doubtful hardship to be referred upwards.

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