Amended and updated notes on section 239 of Income Tax Act 1961 as amended by the Finance Act 2022 and Income-tax Rules, 1962. Detail discussion on provisions and rules related to Form of claim for refund and limitation.
Chapter XIX (Sections 237 to 245) of the Income Tax Act 1961 deals with the provisions related to refunds. Section 239 of IT Act 1961 provides for Form of claim for refund and limitation.
Recently, we have discussed in detail section 238 (Person entitled to claim refund in certain special cases) of IT Act 1961. Today, we learn the provisions of section 239 of Income-tax Act 1961. The amended provision of section 239 is effective for financial year 2022-23 relevant to the assessment year 2023-24.
In this article, you will learn detail of the provisions of section 239 of the Income Tax Act, 1961 Bare Act read with the Income-tax Rules, 1962 as provided by Ministry of Law and Justice, Government of India.
Section-239: Form of claim for refund and limitation
Section 239(1) of Income Tax Act
Every claim for refund under this Chapter shall be made by furnishing return in accordance with the provisions of section 139.