31 May 2016
My uncle is a retired bank manager, around 67 year old. he had some deposit securities in some nationalized banks. In the F.Y - 2015-16 he has disclosed interest on securities around Rs.250000, by mistake he cloud not disclose his other two interest on securities. So in the present financial year due to PAN, his tax credit on interest on securities in 26AS shown Rs. 407000(including rest two interest on securities), and his tax liability is also increased. Now he want to claim refund on that tax amount,so please suggest me it is possible or not?
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