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Refund of TDS
One of my friends is filing Income Tax return for the first time as he has to claim refund of TDS made by the Bank on interest of TDR. He has little tax liability also this year. My question is whether IT Department may ask for IT returns of Previous years. Please give expert comment.
Replies (2)
" My question is whether IT Department may ask for IT returns of Previous years."
Not related. Generally not questioned, unless any AIR repoting in support of any high value transactions/ investments.
I endorse the view given by Dhirajlal Rambhia
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