What if a person has not filied his income tax return for four assessment years.Previously he was doing the same regularly. TDS has been deducted from his salary or these periods. He has also not claimed the refunds.
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Not filied return for a a/y
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Now he can only file return of a.y 10-11. assess can belated return with penalty of 5000.00 or show any specific reason to not file to AO
he can file for previous two assessment years and interest depending on his tax payable under sec 234A/B/C....
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