About the penalty

This query is : Resolved 

27 September 2012 what are the consequenses of non filing og return of tax audit?& if penalty will charge then how can we avoid it?

27 September 2012 non filing of return is not limited to penality it has much more than that depends on the income concealed.

concealment of income u/s 148 or even search procedures u/s 131 may be initiated.



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