Belated refund claims admissible where excess tax deductions or advance payments satisfy specified eligibility and supervisory conditions. Authorises the Assessing Officer to admit and dispose of otherwise time barred refund claims arising from excess tax deducted/collected at source or advance tax payments, subject to conditions: the returned income must not be a loss claimed for carry forward, the claim must not be supplementary to an original assessment, and the income must not be assessable in the hands of another person; supervisory approvals are required where specified and non hardship cases may be referred to the Board.
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Provisions expressly mentioned in the judgment/order text.
Belated refund claims admissible where excess tax deductions or advance payments satisfy specified eligibility and supervisory conditions.
Authorises the Assessing Officer to admit and dispose of otherwise time barred refund claims arising from excess tax deducted/collected at source or advance tax payments, subject to conditions: the returned income must not be a loss claimed for carry forward, the claim must not be supplementary to an original assessment, and the income must not be assessable in the hands of another person; supervisory approvals are required where specified and non hardship cases may be referred to the Board.
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