A Small comparison of guidelines issued by CBDT with previous one to deal with Condonation of delay in filing returns claiming refund and returns carry forward of loss and set-off. https://www.taxtmi.com/news?id=14611 Updated CBDT guidelines allocate powers to entertain condonation of delay applications by designation according to claim magnitude, permit directing the jurisdictional assessing officer to enquire, require genuineness and hardship on merits, apply a statutory limitation period subject to exceptions for court-related delays and specified instruments, allow conditional acceptance of supplementary belated refund claims without interest, and empower the Board to examine grievances and issue directions while precluding review or appeal by the Board. en-us Wed, 17 Jun 2015 14:42:16 +0530 Wed, 17 Jun 2015 14:43:00 +0530 TaxTMI RSS Generator A Small comparison of guidelines issued by CBDT with previous one to deal with Condonation of delay in filing returns claiming refund and returns carry forward of loss and set-off. https://www.taxtmi.com/news?id=14611 Updated CBDT guidelines allocate powers to entertain condonation of delay applications by designation according to claim magnitude, permit directing the jurisdictional assessing officer to enquire, require genuineness and hardship on merits, apply a statutory limitation period subject to exceptions for court-related delays and specified instruments, allow conditional acceptance of supplementary belated refund claims without interest, and empower the Board to examine grievances and issue directions while precluding review or appeal by the Board. News - Wed, 17 Jun 2015 14:42:16 +0530 https://www.taxtmi.com/news?id=14611