Provisions u/s 119(2)(b) ,239(2),Income Tax Act.

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..... circumstances:- (i) The claim for refund is filed in time as provided under section 239(2) but is not desposed of by the Income tax Officer within the time prescribed under section 153 and the action gets barred by limitation. (ii) The claim itself is filed beyond the time limit prescribed under section 239(2). 2. In respect of the cases mentioned in para 1(i) above, since there is no defaul .....

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..... tax should also fix responsibility on the concerned officials for not completing the assessments in time. 3. As regards para 1(i) above, the provisions of section 119(2)(b) can be invoked where the Board considers it desirable or expedient so to do for avoiding genuine hardship. In deserving cases, the Board may condone the delay and authorise the Income tax Officer to complete the assessment .....

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