Hello,
A client has come up with TDS certificates stating that he has got interest on the, compensation payable by the Government on Compulsory land acquisition. We know that we have to tax the interest on accrual basis. However the ROI has to be revised for the past 6 years. So, what practical steps to be adopted in order to revise the return and claim refund or pay taxes as the case my be.
regards,
CA SHIVAJI LOKRE
CAclubindia
