consequences of not filing ITR
This query is : Resolved
05 August 2017
dear experts,
suppose, I am filling ITR from last 5 FY(all NIL return).
If this year I decide not to file ITR.
then what would be the consequences??? will IT department send notice???
05 August 2017
No problem if your income is below taxable limit.
Message likes :
1 times
07 August 2017
They may send you a reminder stating something to the effect that last year return was filed, this year please file return on time etc.
However, if they have no information that may warrant a need to issue a notice to you, you have nothing to worry about.
However, if they have no information that may warrant a need to issue a notice to you, you have nothing to worry about.
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