27 October 2012
I HAVE WRONGLY OVERSTATED L.I.C PREMIUM BY 2000 RS IN MY RETURN OF 10-11 (CAN NOT BE REVISED)..AND WITHDRAWLS OF 24000 ANY CHANCES OF SCRUTINY???????
28 October 2012
The matter is of just Rs.200/- of tax liability as far as excess claim of LIC premium is concerned. Department has more important work to do and as such you may relax yourself.