Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
CBDT Issues Circular on Condonation of Delay for ITR Refunds and Loss Carry Forward Claims
Update / Judgement Date
03 Oct 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Financial PlanningIncome Tax
The Central Board of Direct Taxes (CBDT) issued a circular providing guidelines on the condonation of delay for Income Tax Return (ITR) refunds and loss carry-forward claims. The circular specifies conditions under which taxpayers can apply for condonation if they miss the deadline for filing returns. The move aims to provide relief to taxpayers who may have faced genuine hardships in meeting tax filing deadlines, offering them a mechanism to seek rectification.
