Itr -4

One of my colleagues has not filed returns since FY2008-09. But now he needs all these returns for the purposes of  bank loan.

He comes under the profession category. (ITR-4). He has TDS deductions and form-16 in order against them for all these years.

Looking at the e-filing options it shows, that returns can be filed from 2007-08. But if we look at the rules, only FY2011-12 & 12-13 returns can be filed validly.  

Will it be ok if we file all the previous years pending returns electronically.OR we will have to wait for the AO to issue notices for the previous years meanwhile we file the valid 2 yr returns.?