SEO Sai Gr. Hosp.
198407 Points
Joined July 2016
The taxpayers have to file an application for making a claim of refund or carry forward of loss within next 6 years from the end of the assessment year.
For eg : Mr Ram wants to claim a refund which he failed to claim by not filing his return due to his health conditions in FY 2011-12 (AY 2012-13) for Rs. 1 lakh and decided to files an application to Principal Commissioner of Income Tax for allowing him to file his income tax return for the relevant assessment year. He will be able to file this application anytime on or before 31 March 2020.