CBDT extends time limit for processing of Income Tax Returns with refund claims up to Assessment Years 2017-18 till 31st December, 2019

Central Board of Direct Taxes (CBDT) has issued Order dated 5th August, 2019 to extend the time limit for processing of all validly filed returns with refund claims up to Assessment Year 2017-18. All validly filed returns up to Assessment Year 2017-18 with refund claims, which could not be processed under Sub-section (1) of Section 143 of the Act and have become time-barred can now be processed with prior administrative approval of Principal Chief Commissioner of Income Tax/ Chief Commissioner of Income Tax and intimation can be sent to the assessee by 31st day of December,2019.

However, the relaxation accorded above shall not be applicable to the following returns:

(a) returns filed for any Assessment Year prior to Assessment Year 2017-18, which were under scrutiny and were not processed in view of provisions of sub-section (lD) of Section 143 of the said Act;

(b) returns remain unprocessed, where either demand is shown as payable in the return or is likely to arise after processing it;

(c) returns remain unprocessed for any reason attributable to the assessee.

Source: Central Board of Direct Taxes

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