11 July 2013
Hello, In one of my friends case, LIC commission received and the TDS there on got missed out while filing income tax returns for past 3-4 years. Returns were filed in IRT1 since only salary income was considered. Now, how to go about filing revised returns for all those years. My questions are: 1.Do we need to revise the returns for all those years or can we just ignore earlier years ? 2.For how many earlier years we can file revised returns. Thanks in advance. Vidya
11 July 2013
till 31.3.2011 financial year assessment already complete till dt 31.3.2013 only 1.4.2011-31.3.2012 can revised if you file return on tile i.e. before 31-7.