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Air data

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 June 2013 Dear Sir,

We'd sold a House Property in FY 2011-12 and invested the inflated Sale Proceeds in Tax Free Bonds by NHAI. In 26AS for AY. 2013-14 there is an AIR notings for the investments we made in Tax Free bonds of NHAI.
Please advise what I need to do in this context in my next Tax Returns due to be filed in July 2013?
Would appreciate your expert advise.

Many thanks and best regards...
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Rupesh Jain

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Rupesh Jain (Expert)
22 June 2013 it is not effect that if nothing in AIR

pls file your regular income tax retun.
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Querist : Anonymous

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Querist : Anonymous (Querist)
17 July 2013 Many thanks for your response, Rupesh ji! I would like to clarify here that in 26AS for AY2012-13, there is mention of AIR transactions but nothing is mentioned in 26AS for AY2013-14. Do I need to file a revised return for AY2012-13? Do I need to mention anything on my returns for AY 2013-14? Appreciate your comments, pls.
Best regards...
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