Meaning of Condonation of Delay: Condonation of delay allows taxpayers to file income tax returns after the due date when genuine reasons prevented timely filing.
Who Can Apply for Condonation?: Eligible taxpayers include those who missed deadlines due to hardships like medical emergencies, technical issues, or unavoidable circumstances.
How to Apply for Condonation of Delay: Taxpayers can request condonation online through the e-filing portal by submitting a detailed justification and supporting documents.
Conditions for Approval by Authorities: The Income Tax Department considers factors like reason for delay, claim legitimacy, and taxpayer conduct before approving condonation.
Time Limit for Filing Condonation Request: Condonation applications are usually accepted within 6 years from the end of the assessment year, subject to the department's discretion.