Dear Tax and Legal experts,
This is regarding outstanding tax demand against me for AY 2007-08, for the amount of 37,500INR. I travelled to USA through company X in April 2007 and e-filed my taxes AY 2007-2008 from USA. But due to ingorance I didnt send hard copy of Form IV.
After returning to India in June 2013 through company Y, I filed zero value tax returns. Then I got a mail in Sept 2013 from Income tax department regarding outstanding tax demand of said amount.
Please be informed my total tax wouldn't be 35K as my CTC was less 4 lakhs.
Now the situation is, my tax returns for FY 2013-14 and 2014-15 have been kept on hold due to outstanding tax. I have been trying to file dispute, but unfortuately my company 'X' is not able to provide form-16 for Assessment year 2007-08 as it was manual till that year.
I do not have any documental evidences as of now to dispute the outstanding balance.
Please suggest on how to overcome this issue.