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Home > Videos > What Happens If you Dont file IT Returns? | CNN News18 | EP 74

What Happens If you Dont file IT Returns? | CNN News18 | EP 74

On the off chance that you don't file your tax return even by 31st March of the relevant assessment year (i.e. the year promptly after the money related year for which the arrival is to be documented) yet no taxes are due, a penalty of Rs. 5,000 can be exacted by the tax authorities in the event that you are unable to provide a reasonable cause for the delay.

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