Income tax e filling

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narasimharao (Querist)
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24 May 2016 Respected Sir/Madam,
Last four years ,i am not filing income tax returns , so at this point of time i will E-filling income tax (or) not, with out penalty . Please tell me what is procedure

Ganeshbabu K

Ganeshbabu K (Expert)
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24 May 2016 You can file income tax return for A.Y.15-16 now with interest and penalty 5000 may demand by AO if your total income before chapter VIA deductions exceeds basic exemption limit

You may file income tax return for A.Y.2016-17 now with out interest,

Cant file earlier years