Late filling of Return
Querist : Anonymous
I want to know that, a person having the income above the maximum exemption limit. However the person has not filed the IT Return for more than 5 years. Whether the Returns can be filed now? If Yes / No, then what are the consequences?
Please help me out.
Thanks in advance.
Querist : Anonymous
But what about other 3 years. Is there any legal proceedings or penalty for non filling?
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