Section 119(2)(b) Condonation of Delay: Who Has the Power to Grant Relief for Refunds and Section 80P Claims?   Many taxpayers believe that once a due date under the Income-tax Act is missed, the door is permanently shut. This belief is incorrect. Indian tax law consciously recognises that genuine hardship can arise, and therefore empowers…

The post Section 119(2)(b) Condonation of Delay: Who Has the Power to Grant Relief for Refunds and Section 80P Claims? appeared first on The Tax Talk.

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