Search & Seizure by IT Dept. How IT Returns to be filed?

[SHANTI NARAIN]

Hello,

After raid by Income Tax Department, it shall ask for Income Tax Returns to be filed for all preceeding 6 Assessment Year for reassessing the same.

We need to know that:

1. Should we file fresh returns or we can give them photo copies of our earlier returns?

2. If we are required to file fresh returns then can we file these returns online?

3. Can we change any particulars in fresh return from our earlier return filed?

4. How much time to file these returns may be given by the department?

 

reply may also be mailed to [email protected]

AI Summary

Search-triggered filing: fresh returns with prior-return copies required; online filing allowed and changes only if supported by search materials.
Taxpayers must file fresh returns for the searched assessment years together with photocopies of prior returns; amendments to earlier particulars are permissible only if supported by materials found in the panchanama or during the search. Fresh returns may be filed online, and the assessing officer should be notified. The assessing officer ordinarily grants a limited period to file after the search-related notice, commonly about thirty days, though this may vary with case-specific factors.