How to get Old Income Tax Refund

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How to get Old Income Tax Refund

A Person Claim  Refund in while income tax filing of the financial year. You are eligible to receive an income tax refund when you have paid more tax to the government than your actual tax liability. 


As per the provisions of section 139(1) of Income Tax Act, 1961, every person,—
(a)  being a company or a firm; or
(b)  being a person other than a company or a firm, if his total income or the total income of any other person in respect of which he is assessable under this Act during the previous year exceeded the maximum amount which is not chargeable to income-tax,
As per the Income Tax Act, a person is required to file his/her return in the relevant assessment year by July 31st.  If the taxpayer doesn’t file the return before the due date then Belated Income Tax Return u/s. 139(4) can be filed until the end of the assessment year. But what if, Taxpayer Missed the Income Tax Return filing deadline (both Normal & belated due date) and Income Tax Refund claim was due? 
  • How to get an old Income Tax Refund? Can I do this process online or I have to visit the Income Tax Office?
  • What is the procedure to file an application for condonation of delay in the Filing of Refund Claim?
  • Can I get the refund of such excess tax paid or not, as Belated Due Date period has also expired?
  • What happens if you forgot to file a Tax Return?
Central Board of Direct Taxes has given the powers to income tax authorities to accept the income tax return for a financial year even after the expiry of the due date of the same by using its powers as laid down under section 119(2)(b) of the Income Tax Act. 

 Application/Claim up to 10 Lakh

The Principal Commissioners of Income-tax/Commissioners of Income-tax shall be vested with the powers of acceptance/rejection of such applications/claims if the amount of such claims is not more than Rs.10 lakhs for any one assessment year.

Application/Claim above 10 Lakh, up to 50 Lakh

The Principal Chief Commissioners of Income-tax/Chief Commissioners of Income-tax shall be vested with the powers of acceptance/rejection of such applications/claims if the amount of such claims exceeds Rs.10 lakhs but is not more than Rs. 50 lakhs for any one assessment year.

 Application/Claim above 50 Lakh

The applications/claims for the amount exceeding Rs.50 lakhs shall be considered by the Board.

Timeline for filing Application :

This limit of six years shall be applicable to all authorities having powers to condone the delay as per the above prescribed monetary limits, including the Board.

 Timeline for processing Application :

A condonation application should be disposed of within six months from the end of the month in which the application is received by the competent authority, as far as possible.

Additional Claim of Income Tax Refund after completion of an assessment :

A belated application for supplementary claim of refund can be admitted for condonation provided other conditions as referred above are fulfilled.

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