TAX RETURN

HELLO SIR, THERE IS NO MENTION OF SAVINGS UNDER 80C IN MY FORM 16, HENCE TAX IS DEDUCTED ON THE GROSS INCOME. CAN I CLAIM THE RETURN SHOWING MAXIMUM SAVINGS UNDER SEC 80C IN MY ITR1. ALSO CAN I CLAIM RETURNS FOR PREVIOUS FIVE YEARS.

asked Jul 17 '11 at 15:24 by PUNEET SINGH 1223


If you have done investments/expenses under section 80-C, You can claim same at the time of filing income tax return too.

In order to claim for previous years, you will have to file income tax return separately for previous years. But there is low chances of getting refund due to late filing.

answered Jul 18 '11 at 19:42 by pankaj 5.2k320

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Asked: Jul 17 '11 at 15:24

Seen: 1,726 times

Last updated: Jul 18 '11 at 19:42