Forums › Tax Filing › What is the drawback of ITR filing?
Is there any disadvantage of filing Income Tax Return? I am confused, please explain.
No, on the contrary by not filing your return in spite of having taxable income, you will be liable to the penalty and prosecution provisions under the Income-tax Act.
You must be signed in to reply to this question.
ITR - income tax return 2016-17 filing for NRI
Can I get refund for Parents disabiliy..
Filing additional tax beneficial investments
Tax returns for NRI and Non resident Indian
I am not able to create login to view my form26AS from TRAC
Sign Up now and be a part of the TaxForum. Ask Questions, Get Answers, Share Knowledge, Participate and Win.
Click here to Sign Up
Already have an Account?