The assessee has failed to file ITR for AY 2012-13. the source of income of assessee is from saving bank intt. ( say 3,60,000 on which tds of Rs 61000 deducted) , rental income ( 1,20,000) . also during that year assessee sold one plot ( long term) for Rs 2.25cr giving indexed capital gain of Rs 2.08 Cr and invested the sale proceeds to the tune of Rs 2.15 Cr where as it should be 2.25 as per section 54F.
The assesseee didnot file the return for above said AY since as per his assessment he claimed expemption u/s 54 ( and not 54F ) and the capital gain is exempted and on balance rental and bank itt combined to Rs 4.8 lakhs tds of Rs 61000 has already been deducted which resulted in refund.
Question 1) can we claim this AY income ( rental+ bank intt+ capital gain after exemption u/s 54F) under IDS 2016 and pay tax, cess and penalty on
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