Can i file itrs of previous 3 years now ?

This query is : Resolved 

05 January 2015 My Brother was doing job at Dubai. since last 2 years he is in India and has started his own business.. Now for expansion of business he needs a Bank Loan. so he wants to file the Income Tax returns of the last 3 years.? What will be the taxabilty of the same.?

06 January 2015 No he can only file his return of income only for two year namely 2012-13 and 2013-14 as per section 139(4) of Income Tax Act 1961

06 January 2015 Theoretically no practically yes, by way of physical submission of returns.




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