Section 528 — Power of Central Government or Board to condone delays in obtaining approval

Old Act equivalent: Section 293C (new provision) of IT Act 1961 Sub-part: Chapter XXIII—Miscellaneous

Statutory Text

  1. Where, the approval of the Central Government or the Board is required to be obtained before a specified date under this Act, it shall be open to the Central Government or the Board to condone, for sufficient cause, any delay in obtaining such approval. Power to withdraw approval.

Provisos

None.

Explanations

None.

Tables

None.

Key Structure

  • Applies to: Persons who have delayed in obtaining required approvals.
  • Conditions: Central Government or CBDT may condone delay in obtaining approvals required under the Act.
  • Time limits: None.
  • Monetary limits: None.
  • Exceptions: None.

Cross-References

None identified.

Amendment Notes

None noted from the extracted pages.

Practical Notes