Limits for Condonation of Delayed of Refund Claim, C/F Loss
New Monetary Limits for Condonation of Delayed Filing of Refund Claims & C/F Losses Central Board of Direct Taxes has issued new monetary limits in respect of condonation of delay in filing refund claim and claim of carry forward of losses u/s 119(2)(b) of the Income-tax Act, 1961. Now Lower Income tax authorities empowered to …