CBDT Extends Deadline to Process ITRs Filed for AY 2021-22 With Refund Claim to April 30, 2024

F. NO. 22S/132/2023/ITA-II, dated 01-03-2024

The Central Board of Direct Taxes (CBDT) has acknowledged technical issues or other reasons preventing the processing of certain validly filed tax returns for the assessment year 2021-22 under the Income Tax Act, 1961. Consequently, taxpayers have been unable to receive their rightful refunds within the prescribed timeframe despite the delay not being their fault.

Accordingly, the CBDT has relaxed the timeframe for processing income tax returns electronically filed for AY 2021-22 with refund claims. Returns with lapsed intimation dates under section 143(1) can now be processed with prior administrative approval of Pr.CCIT/CCIT. Intimations can be sent to the assessee by 30.04.2024.

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

(a) Returns selected in scrutiny;

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

(c) Returns remaining unprocessed for any reason attributable to the assessee.

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