In case return u/s 119(2)b is filed – will 234A & 234F be levied.
In case answer is yes what will be period for 234A calculation.
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There is no express provision regarding the same.
In my opinion, 234F will be applicable reading the text of the section . It is a belated return and hence late fee shall be applicable.
However, talking about 234A, I don’t think there is any scope for the same in practical life because of the following reason:
119(2)[b] the Board may, if it considers it desirable or expedient so to do for avoiding genuine hardship in any case or class of cases, by general or special order, authorise any income-tax authority, not being a Commissioner [Appeals] to admit an application or claim for any exemption, deduction, refund or any other relief under this Act after the expiry of the period specified by or under this Act for making such application or claim and deal with the same on merits in accordance with law.
So this provision is applicable only in case of genuine hardship faced by the assessee and when he couldn’t claim the refund or exemption or deduction or any relief. So now he can ask for condonation of delay for the same and if he files return on the permission granted by IT authority, I don’t think that can ever lead to payment of additional tax as return is filed to claim some of the benefits missed earlier by the assessee.
So no additional income tax payable and hence no interest u/s 234A.