Non filing of I T Returns
This query is : Resolved
Srinivas Rao
(Querist)
05 October 2026
A Real Estate Pvt. Ltd. Company has not filed its I T Returns from F Y 2021-2022 to till F Y 2025-2026.
Same is the filing status with MCA.
Company is transacting its business as usual every F Y in crores.
So far no reminder or any notices have been issued to file the pending returns either by Income Tax Dept. or MCA.
No action has been initiated till date.
Query is where is the transperency from the above Departments ?
Should it be considered as deficiency in the laws framed by the Govt.
Plz clarify what steps should be taken for such cases.
Same is the filing status with MCA.
Company is transacting its business as usual every F Y in crores.
So far no reminder or any notices have been issued to file the pending returns either by Income Tax Dept. or MCA.
No action has been initiated till date.
Query is where is the transperency from the above Departments ?
Should it be considered as deficiency in the laws framed by the Govt.
Plz clarify what steps should be taken for such cases.
06 October 2026
Ultimately, the lack of departmental notices is merely a temporary delay, leaving the company heavily exposed to stringent penalties, director disqualifications, and potential business closure. The definitive remedy is to complete all pending statutory audits, clear the MCA backlog with late fees, and utilize the ITR-U facility for eligible years while voluntarily discharging all pending tax liabilities.
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