https://www.taxtmi.com/caselaws?id=10025 The High Court held that the Central Board of Direct Taxes (CBDT) has the authority under section 119(2) of the Income-tax Act to admit a refund application even after the expiration of the period specified in section 239, in order to prevent genuine hardship. The court overruled a previous decision and confirmed the CBDT's power to relax the conditions outlined in section 239 through instructions under section 119. The case was referred to a Division Bench for further proceedings. en-us Mon, 01 Nov 2004 00:00:00 +0530 Sun, 05 Jul 2009 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10025 The High Court held that the Central Board of Direct Taxes (CBDT) has the authority under section 119(2) of the Income-tax Act to admit a refund application even after the expiration of the period specified in section 239, in order to prevent genuine hardship. The court overruled a previous decision and confirmed the CBDT's power to relax the conditions outlined in section 239 through instructions under section 119. The case was referred to a Division Bench for further proceedings. Case-Laws Income Tax Mon, 01 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10025