20 July 2011
Is there any requirement in law regarding the difference in time to be maintained between filing of income - tax returns?
i.e. If return for A.Y. 2010-11 has been filed on 20/03/2011, is there any requirement that atleast 6 months gap to be maintained for filing of return of A.Y. 2011-12?
20 July 2011
No such restriction in Income tax Act,1961. However,financial institutions, when approached for assistance by the assessee's, may treat continuous filing of returns as bad governance.