Revision of income tax retun

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 April 2017 Hello,
My client had filed ITR 1 showing the salaried income and income from other sources. Now he comes up and says that he has capital gains income too for the AY 2014-15, AY 2015-16, AY 2016-17 which was not included in income tax return. What can be done in this case?

Expert : Anonymous

Expert : Anonymous (Expert)

21 April 2017 Revise the return for the AY 16-17.

Querist : Anonymous

Querist : Anonymous (Querist)

22 April 2017 If the return is revised for the AY 16-17 , then there are fair chances of the previous year returns to be picked up by the department and notice can be issued for the previous AY's, isnt it?