CBDT further extends time limit to process refund claimed ITRs filed up to AY 2017-18 to 30-11-21

Order F.No. 225/98/2020-ITA-II, dated 30-09-2021

Given pending taxpayers’ grievances related to the refund issue, the Central Board of Direct Taxes (CBDT), vide Order F. No.225/98/2020-ITA-II, dated 5-7-2021, has relaxed the time frame prescribed in section 143(1) for a given period. The Board has directed that all validly filed returns of income (ITRs) up to Assessment Year 2017-18 with refund claims can be processed till 30-09-2021.

However, this benefit is available only to those returns which could not be processed and which had become time-barred. All these time-barred returns can be processed with prior administrative approval of Pr.CCIT/CCIT concerned and intimation to be sent to the assessee by 30-09-2021.

Now, considering the pendency of taxpayer’s grievances, the Board has decided to further extend the above time frame by two months. Now the time-barred ITRs can be processed by 30-11-21.

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