Assessee's Advance Tax Credit Granted After Delay; CBDT Section 119(2)(b) Application and AO's Section 154 Failure Addressed.

Denial of credit of advance tax paid by assessee - filing of application before CBDT u/s 119(2)(b) for condonation of delay in claiming the advance tax credit - AO erred in not rectifiying this apparent mistake when the same was pointed out by the assessee vide its application under section 154 of the Act. Accordingly, we direct the jurisdictional AO to grant the credit of advance tax paid by the assessee- AT .....

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