CBDT extends Time Limit for processing Non-Scrutiny Income Tax Returns upto AY 2020-21

The Central Board of Direct Taxes (CBDT) has notified an extension of the Time Limit for processing Non-Scrutiny Income Tax Returns up to AY 2020-21 via issuing a Notification.

The Notification Read as follows:

Central Board of Direct Taxes (Board) vide its orders under section 119 of the Income-tax Act, 1961 (Act) dated 16.10.2023 and 01.12.2023 on the captioned subject relaxed the time prescribed in the second proviso to sub-section (1) of Section 143 of the Act.

It was directed that all validly filed electronic income returns up to Assessment Year 2020-21, along with refund claims that could not be processed under sub-section (1) of Section 143 of the Act and had become time-barred, be processed by 31.01.2024, subject to the conditions/exceptions specified therein.

The case has been reconsidered by the Board in light of ongoing taxpayer claims regarding refunds.

To mitigate the genuine hardship being faced by the taxpayers on this issue, the Board, by virtue of its power under section 119 of the Act and in partial modification of its earlier orders under section 119 of the Act dated 16.10.2023 and 01.12.2023, supra, hereby further extends the time mentioned in the para no. 2 of these orders till 30.04.2024 in respect of returns of income validly filed electronically up to AY 2020-21.

All other contents of the said orders u/s 119 of the Act will remain unchanged.

For Official Notification Download PDF Given Below: