Income Tax Department reduces time allowed to apply for old income tax refunds; check the new time limit

ITR Filing: The Central Board of Direct Taxes recently issued a circular for condonation of delay in filing ITR. ​The latest circular has reduced the time limit for applying for condonation of delay. This condonation of delay request is filed by a taxpayer to claim old income tax refunds and carry forward of losses and set off.

from Tax-Wealth-Economic Times https://ift.tt/BoHFw74