How to Prepare Return for Condonation of Delay u/s 119(2)(b)

Zen IT || How to Prepare Return for Condonation of Delay u/s 119(2)(b)

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How to Prepare Return for Condonation of Delay u/s 119(2)(b)
Idea
Condonation Request u/s 119(2)(b):
A taxpayer can request Condonation of Delay u/s 119(2)(b) when they fail to file an Income Tax Return (ITR) within the due date due to genuine hardship or reasonable cause. The Central Board of Direct Taxes (CBDT) or the relevant income tax authority has the discretion to accept or reject the request based on the merits of the case.

Key Points About Condonation of Delay u/s 119(2)(b)

  1. Applicable Cases:

    • Late filing of Income Tax Return (ITR).
    • Delay in claiming a refund or carrying forward losses.
    • Late submission of Forms or Documents (e.g., Form 10B for trust exemptions).

  2. Important Conditions:

    • The delay should be due to a valid reason (illness, natural disaster, system failure, etc.).
    • The taxpayer should not have a history of non-compliance.
    • The claim (refund or loss adjustment) should be genuine and legally valid
Idea
How to Prepare the Return for a Condonation Request u/s 119(2)(b) in Software?
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Step 1:
Go to Transaction >> Filing Information:

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Step 2:
Click on Filing Status >> Select Section u/s 119(2)(b) >> And fill in the details of Order Number and Order Date and then Click on "Save" Button:

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Step 3:
Generate Computation and then Generate the JSON/XML file then Upload on Income tax Portal:


Hope This Helps.