Can I read CBDT Circular 11/2024: Condonation Guidelines on EtoBox?

CBDT Circular 11/2024: Condonation Guidelines by steadfast Business consultants is a document available to read on EtoBox.

What is CBDT Circular 11/2024: Condonation Guidelines about?

This Circular addresses the condonation of delays in filing income tax returns claiming refunds and carry forward of losses under Section 119(2)(b) of the Income-tax Act, 1961 (IT Act). The Circular supersedes all earlier guidelines issued by the Central Board of Direct Taxes (CBDT) for handling such applications. It lays out comprehensive guidelines on the procedure to be followed by tax authorities and specifies monetary thresholds for approving or rejecting such applications.

Author

steadfast Business consultants

Language

EN