Hi, guys...can we claim a refund of tax from the year 2008-09, now?
shreya singal (student) (297 Points)
10 August 2017Hi, guys...can we claim a refund of tax from the year 2008-09, now?
A tax payer can make a request to condone the delay in filing of return within six years from the end of the assessment year in respect of which the return is to be filed. So effectively in case of claim for income tax refund, you get an extension of five years only as presently also you can file your income tax return for refund one year after end of the assessment year. So now you can make an application for condonation of delay for any financial year ending 31-03-2009 or thereafter. So in case any of you who failed to file your return in which you were entitled to claim income tax refund or carry forward of losses, can file the application now in case it relates to financial year ended 31-03-2009 or thereafter.
You can write an application for condonation of delay u/s 119(2)(b).
Kiran. S
(CTO)
(745 Points)
Replied 10 August 2017
If you have filed return for FY 2008-09 . If assesment is pending you can claim.
I got my Refund for AY 2007-08 of Rs 7680 last year. The refund was stuck up in ward rearrangement.
You can write an application for condonation of delay u/s 119(2)(b).
A Draft letter for application for condonation is attached here.