The CDBT has very recently issued circular no. 09/2015 on 9th June prescribing the procedure to condone the delay for n claiming the income tax refund/carry forward of losses.
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.
This circular provides for different authorities who can condone the delay based on the amount invoiced.
50 lakhs and more than CBDT only
10 lakhs to 50 lakhs than Chief Commission of income tax or Principal Chief Commissioner of Income tax.
less than 10 lacs than Principal Commission of income tax or commissioner of Income Tax.
In order to ensure that your application to condone the delay is accepted, you need to satisfy certain conditions. The income in respect of which the refund is being claimed should not be includible in the income of any other persons. The claim for refund should have arisen due to TDS, of payment of advance tax or self assessment tax.
No specific form or format for making such application is prescribed so the application can be made on plain paper stating the facts of the case in detail, which will help the authorised commissioner to take the appropriate decision.