{"id":27604,"date":"2024-10-05T14:09:52","date_gmt":"2024-10-05T08:39:52","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=27604"},"modified":"2025-06-21T02:22:34","modified_gmt":"2025-06-20T20:52:34","slug":"apply-condonation-delay-in-itr-filing-for-claim-refund-c-f-losse","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/apply-condonation-delay-in-itr-filing-for-claim-refund-c-f-losse\/","title":{"rendered":"Apply Condonation delay in ITR filing for claim refund \/ C\/F losse"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d277ea30005\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d277ea30005\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/apply-condonation-delay-in-itr-filing-for-claim-refund-c-f-losse\/#CBDT_Guideline_Apply_for_condonation_delay_in_filing_ITRs_for_claims_refunds_or_CF_losses\" title=\"CBDT Guideline: Apply for condonation delay in filing ITRs for claims refunds or C\/F losses\">CBDT Guideline: Apply for condonation delay in filing ITRs for claims refunds or C\/F losses<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/apply-condonation-delay-in-itr-filing-for-claim-refund-c-f-losse\/#Main_Points_from_the_New_Guidelines_for_apply_for_condonation_delay_in_filing_ITRs_for_claims_related_to_refunds_or_carrying_forward_losses\" title=\"Main Points from the New Guidelines for apply for condonation delay in filing ITRs for claims related to refunds or carrying forward losses: \">Main Points from the New Guidelines for apply for condonation delay in filing ITRs for claims related to refunds or carrying forward losses: <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/apply-condonation-delay-in-itr-filing-for-claim-refund-c-f-losse\/#Authority_Based_on_Claim_Amount\" title=\"Authority Based on Claim Amount:\">Authority Based on Claim Amount:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/apply-condonation-delay-in-itr-filing-for-claim-refund-c-f-losse\/#ITR-V_Verification_Delay_Central_Processing_Centre_CPC_Involvement\" title=\"ITR-V Verification Delay : Central Processing Centre (CPC) Involvement:\">ITR-V Verification Delay : Central Processing Centre (CPC) Involvement:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/apply-condonation-delay-in-itr-filing-for-claim-refund-c-f-losse\/#Time_Limits_for_Condonation_Applications_delay_in_filing_TRs_specifically_for_claims_related_to_refunds_or_carrying_forward_losses\" title=\"Time Limits for Condonation Applications delay in filing TRs specifically for claims related to refunds or carrying forward losses:\">Time Limits for Condonation Applications delay in filing TRs specifically for claims related to refunds or carrying forward losses:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/apply-condonation-delay-in-itr-filing-for-claim-refund-c-f-losse\/#In_special_Case_of_Court_Orders_If_the_Income_tax_refund_is_based_on_a_court_order_5_Year_limit_excludes_the_period_during_which_the_case_was_pending_in_court\" title=\"In special Case of Court Orders: If the Income tax refund is based on a court order, 5 Year limit excludes the period during which the case was pending in court.\">In special Case of Court Orders: If the Income tax refund is based on a court order, 5 Year limit excludes the period during which the case was pending in court.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/apply-condonation-delay-in-itr-filing-for-claim-refund-c-f-losse\/#No_Interest_on_Late_Income_tax_Refunds\" title=\"No Interest on Late Income tax Refunds:\">No Interest on Late Income tax Refunds:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/apply-condonation-delay-in-itr-filing-for-claim-refund-c-f-losse\/#In_Summary_of_above_CBDT_Guidance\" title=\"In Summary of above CBDT Guidance:\">In Summary of above CBDT Guidance:<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-21001\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/01\/CBDT-further-Extension-ITR-TAR-Due-Dates-for-the-FY-2020-21.jpg\" alt=\"CBDT further Extension ITR &amp; TAR Due Dates for the FY 2020-21\" width=\"1198\" height=\"742\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/01\/CBDT-further-Extension-ITR-TAR-Due-Dates-for-the-FY-2020-21.jpg 1198w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/01\/CBDT-further-Extension-ITR-TAR-Due-Dates-for-the-FY-2020-21-300x186.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/01\/CBDT-further-Extension-ITR-TAR-Due-Dates-for-the-FY-2020-21-1024x634.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/01\/CBDT-further-Extension-ITR-TAR-Due-Dates-for-the-FY-2020-21-768x476.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/01\/CBDT-further-Extension-ITR-TAR-Due-Dates-for-the-FY-2020-21-800x495.jpg 800w\" sizes=\"(max-width: 1198px) 100vw, 1198px\" \/><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"CBDT_Guideline_Apply_for_condonation_delay_in_filing_ITRs_for_claims_refunds_or_CF_losses\"><\/span><span style=\"color: #000080;\"><strong>CBDT Guideline:<\/strong><strong> Apply for condonation delay in filing ITRs for claims refunds or C\/F losses<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>New guidelines issued by the CBDT streamline the process for condonation of delay in filing ITRs specifically for claims related to income tax refunds or carrying forward losses. These Guideline Rules, which override all previous Income Tax instructions, grant different authorities power to accept or reject claims based on Claim amount, as well as set clear time limits for filing condonation applications. These new CBDT guidelines provide clarity on tax authorities responsible for handling delayed claims &amp; due date within which Income Tax taxpayers may apply for condonation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Main_Points_from_the_New_Guidelines_for_apply_for_condonation_delay_in_filing_ITRs_for_claims_related_to_refunds_or_carrying_forward_losses\"><\/span><strong><span style=\"color: #000080;\">Main Points from the New Guidelines for apply for condonation delay in filing ITRs for claims related to refunds or carrying forward losses:<\/span> <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"Authority_Based_on_Claim_Amount\"><\/span><span style=\"color: #000080;\"><strong>Authority Based on Claim Amount<\/strong>:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-27605\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2024\/10\/Limit-.png\" alt=\"Limit\" width=\"1117\" height=\"683\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2024\/10\/Limit-.png 566w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2024\/10\/Limit--300x183.png 300w\" sizes=\"(max-width: 1117px) 100vw, 1117px\" \/><\/p>\n<ul>\n<li>Claims up to INR 1 crore: The Principal Commissioners of Income Tax are authorized to handle these claims.<\/li>\n<li>The Claims between INR 1 crore and INR 3 crore: Chief Commissioners will decide on these cases.<\/li>\n<li>Claims exceeding INR 3 crore: Principal Chief Commissioners will oversee applications for these Income tax claims.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"ITR-V_Verification_Delay_Central_Processing_Centre_CPC_Involvement\"><\/span><span style=\"color: #000080;\"><strong>ITR-V Verification Delay : Central Processing Centre (CPC) Involvement<\/strong>:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Bengaluru&#8217;s Central Processing Centre is empowered to process applications related to the verification of ITR-V forms submitted late beyond the stipulated time period. Commissioner of Income-tax, Central Processing Centre, Bengaluru. Authorized to accept or reject petitions under section 119(2)(b) of the Income Tax Act for condonation of delay in verifying the return of income by submitting the ITR-V form to Commissioner of Income-tax, Central Processing Centre, Bengaluru, beyond the prescribed time limit.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Time_Limits_for_Condonation_Applications_delay_in_filing_TRs_specifically_for_claims_related_to_refunds_or_carrying_forward_losses\"><\/span><span style=\"color: #000080;\"><strong>Time Limits for Condonation Applications delay in filing TRs specifically for claims related to refunds or carrying forward losses:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Taxpayers must submit condonation applications within 5 years from the end of the relevant AY for claims involving refunds or the carrying forward of losses.<\/li>\n<li>This time limit applies to applications filed on or after October 1, 2024.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"In_special_Case_of_Court_Orders_If_the_Income_tax_refund_is_based_on_a_court_order_5_Year_limit_excludes_the_period_during_which_the_case_was_pending_in_court\"><\/span><span style=\"color: #000080;\"><strong>In special Case of Court Orders<\/strong>: If the Income tax refund is based on a court order, 5 Year limit excludes the period during which the case was pending in court.<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Income tax Taxpayers must apply for condonation within 6 months from the date of the court order.<\/li>\n<li>Supplementary Refund Claims: Claims for additional income Tax refunds after the original assessment are covered under these condonation rules.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"No_Interest_on_Late_Income_tax_Refunds\"><\/span><span style=\"color: #000080;\"><strong>No Interest on Late Income tax Refunds<\/strong>:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Income tax Taxpayers filing delayed Income tax refund claims will not be entitled to interest on refunded, even if the tax refund is approved.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"In_Summary_of_above_CBDT_Guidance\"><\/span><span style=\"color: #000080;\"><strong>In Summary of above CBDT Guidance:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A belated application for a supplementary refund claim (requesting an additional refund after the initial assessment) may be considered for condonation if:<\/p>\n<ul>\n<li>The taxpayer&#8217;s income is not assessable in the hands of another person.<\/li>\n<li>No interest will be paid on the delayed Income Tax refund.<\/li>\n<li>The Income Tax refund stems from excess TDS, TCS, advance tax, or self-assessment tax payments.<\/li>\n<\/ul>\n<p>The authority to accept or reject these claims, within monetary limits, is delegated to Pr.CCsIT, CCsIT, Pr.CsIT, and CsIT, as per the designated thresholds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CBDT Guideline: Apply for condonation delay in filing ITRs for claims refunds or C\/F losses New guidelines issued by the CBDT streamline the process for condonation of delay in filing ITRs specifically for claims related to income tax refunds or carrying forward losses. These Guideline Rules, which override all previous Income Tax instructions, grant different &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10055,1],"tags":[10186],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/27604"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=27604"}],"version-history":[{"count":3,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/27604\/revisions"}],"predecessor-version":[{"id":27608,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/27604\/revisions\/27608"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=27604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=27604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=27604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}