There are two parties A and B.
B was doing his own accounting as well as A's accounting.
By fraud, B has stolen money from A's bank, and in A's return, he has shown that B has taken a loan from A and was Accruing interest to A's retu as well as depositing TDS. He has filed a return of A for FY 2020-21 and 2021-22.
1. Now when A came to know about this, he want to correct his accounting and IT return in FY 2022-23.?
2. Also, tell us whether the previous return can be corrected or not by filing an updated return. ?
3. Can this be complained to Income tax as B has done fraud and not paying the money back ?