Non filing of income tax return and tax audit u/s 44ab

Venkatesh N Dhongadi (Student) (27 Points)

20 September 2015  
If income tax return has never been filed even though the assessee is liable to pay tax (since from last 7 F Y) and since from last 5 F Y (Including F Y 2014-15) tax audit is not done u/s 44AB as turnover exceeds Rs. 1 Crore, what are the consequences and what steps need to be taken now and in future?