Itr not filed for many years? what are the penal provisions?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 July 2013
One of my client has just now retired and says that he has never filed any IT returns for himself for his salary income at all as he was ignorant about the same.
So can any one tell me whether he should file his return this year or not as he has retired now?
What are the consequences he has to face?
So can any one tell me whether he should file his return this year or not as he has retired now?
What are the consequences he has to face?
23 July 2013
If he did not have any tax liability and as a result he never filed any IT Return there will be no issue. Ask him to file return only if has any tax liability or he has to claim any refund.
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