Issue of Intimation under section 143(1) of Income-tax Act, 1961 beyond prescribed time in non-scrutiny cases - CBDT Issues Order
IT has come to the notice of the Board that some returns of income having 'claim of refund' pertaining to Assessment Years 2014-2015, 2013-2014 and 2012-2013 were not processed within the time-frame prescribed under sub-section (1) of section 143 of the Income-tax Act. Consequently, intimation of 'amount of refund due' which is issued to the taxpayer after processing the income-tax return could not be sent. This has led to a situation where the concerned taxpayer is unable to get his legitimate refund in accordance with provisions of the Act, although the delay is not attributable to him.
In instances where a valid return of income having 'claim of refund' for Assessment Years 2014-2015, 2013-2014 and 2012-2013 was filed either under section 139 or 142(1) of the Act and in which the time for sending intimation under sub-section (1) of section 143 has lapsed, the Central Board of Direct Taxes ('CBDT'), by virtue of its powers under section 119 of the Act, has relaxed the time-frame prescribed in second proviso to sub-section (1) of section 143 and directs that such returns-of-income shall now be processed by 31.03.2017. Further, intimation of processing and consequential refund, if any, shall be issued expeditiously as per the prevailing norms and existing provisions of the Act.
CBDT Section 119 Order in F.No. 225/220/2016-ITA.II., Dated: October 25, 2016