What happens if I fail to file my return?

If you fail to file your tax return, you might face the following consequences-

• Penalties and Interest may be levied by the Income-tax Department.
• Non-filing could lead to receiving Notices from tax authorities.
• Avoiding filing might have legal implications, making it essential to fulfill your tax obligations.
• Timely Compliance would ensures compliance with tax laws and helps prevent financial and legal issues
• If you miss the deadline, consider filing a belated return to minimize potential penalties and address your tax responsibilities.​