CBDT Circular Cannot Deny Income Tax Refund When ITR Delay Justified: Madras GC

Santhana Krishnan Vs Commissioner of Income Tax (International Taxation) (Madras High Court) The petitioner, a Non-Resident Indian residing in the United States, challenged the order dated 25 March 2025 issued by the Commissioner of Income Tax (International Taxation) under Section 119(2)(b) of the Income Tax Act, 1961. The petitioner had sold an immovable property during the Financial Year 2022–2023, deducted and remitted tax to the Income Tax Department but failed to file the return of income within the prescribed due date under Section 139. Due to this lapse, the petitioner became ineligi...