Monday, March 10, 2025

Didn’t file ITR in past? You may get tax notices from I-T department u/s 148A as it has identified high risk non-ITR filers

Tax notice: The Income Tax Department has identified the list of persons relating to AY 2019-20, 2020- 21 and 2021-22​ who did not file Income Tax Return despite having substantial income. These persons are being called: Non-filers with potential tax liabilities. "High-Risk Non-filer cases for relevant assessment year(s) as approvedby the Board have been made visible to the Assessing Officers (AO)". Read below to know your options.

from Tax-Wealth-Economic Times https://ift.tt/cGsRd9K

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