ca.umesh11@gmail.com
1465 Points
Joined October 2007
All those person who have selected first option( Filed return correct) may receive notice from jurisdictional assessing officer to submit proof claimed in ITR. many taxpayer have claimed home loan interest deduction of 2,00,000/- but actually the have not any home loan, some have claimed false deduction under section 80C/80E/80U/80G/80GG/80D/80DDB etc to claim substantial amount of refund out of tax deducted. However these claim not appearing in their form 16. Computer cross check form 16 data filed by company/employer and ITR filed by employee/taxpayer. Those who have selected option one still have option to file revised return and claim reasonable refund.
CA umesh kumar- 9717597230