Income tax return

For AY 1415 -- you can file a belated ITR.

For earlier years, respond to the notice/letter showing the total income, tax thereon (fully covered by TDS from employer).

Nothing much to worry.

Regards,

Now   either   1) Tax credits - Tax Liability  >0   in which case you get refunds

            or      2) Tax credits - Tax Liability < 0  in which case you should pay Taxes with approriate int

Once the tax payer files returns means he is making the above equation [applicable to him]  as

                    3)  Tax  credits - Tax liability =0  

Taxpayer files the returns and the Taxman scrutinizes the return . Both of them help to make equation 1 or 2 reduce to equation 3. Once equation 3 is achieved the process is complete. 

The salaried person has got tax credit does not mean that equation 3 is achieved unless you have proved it to taxman. For this obviously you have to file It return. One can file a belated return under section  139(4).  

FY                    AY            Date of filing            Belated date

2012-13         2013-14           31/07/2013             31/03/2015

2013-14          2014-15           31/07/2014              31/03/2016

2014-15          2015-16           31/08/2015              31/03/2017  

First thing is not to panic. For AY 2013-14 you can prepare a manual return attach 26AS printout  and see the tax liability -if there is a refund good if not pay the the tax with appropriate interest.  Reply to concerened AO with manual tax return and 26AS.

File Return for AY 2014-15 and AY 2015-16 online and see the equation 3 is achieved.

Happy filing and cheers. Just kill the tension and be happy. 

Shiroor

Structural Consultant for design of Bridges.