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Incme tax return

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22 December 2013 If someone has not filed for last 6 years despite he has pan card , what consequences wold arise in such case..?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
22 December 2013 Int , penalty and prosecution will follow.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
22 December 2013 depends on whether or not the said person had taxable income or not. If the income was below exemption limit, no consequences. However, it the income was in excess of exemption limit, consequences as laid out by Tushar will follow
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