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of <h1>Income-tax Officers Can Now Condone Delays in Refund Claims up to Rs. 10,000 u/s 119(2)(b.</h1> The circular issued by the Central Board of Direct Taxes under section 119(2)(b) of the Income-tax Act, 1961, authorizes Income-tax Officers to condone delays in filing refund claims for amounts up to Rs. 10,000, effective from February 10, 1988. This aims to alleviate taxpayer hardship. Conditions for eligibility include the refund resulting from tax deducted at source not exceeding Rs. 10,000, the returned income not being a loss for carry forward purposes, the refund not being supplementary, and the income not being assessable in another person's hands.
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