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It retrun not filed

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(Querist)
28 July 2014 if incometax return not filed then what will happen
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Kailas Mate

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Kailas Mate (Expert)
28 July 2014 If your income is exceeds beyond the specific limit the Penalty of Rs. 5000 is imposable for non-filing of return within
the assessment year. Interest is also chargeable for non-filing

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