jaggu
asked
Hi Can I know, I have never paid any tax.If I file a return this year the Income-tax Department ask me about my earlier years income?
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acharya
answered
Its not that you didn't pay tax. The problem may come only if you had taxable income but never paid.
-- You may declare the income in the current return if you had income exceeded the taxable limit in past years.
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narahari
answered
It is never too late to start honoring your constitutional obligations for payment of tax. The department may ask you to file return of income for earlier years if it finds that you had taxable income in those years. otherwise not.
CA Sandeep Bohra
answered
--It is never too late to start honoring your constitutional obligations for payment of tax. The department may ask you to file return of income for earlier years if it finds that you had taxable income in those years. otherwise not.
-- Its not that you didn't pay tax. The problem may come only if you had taxable income but never paid.
-- You may declare the income in the current return if you had income exceeded the taxable limit in past years.
phool chandra singh
answered
Dear,
your query is that I have never paid any tax.If I file a return this year the Income-tax Department ask me about my earlier years income?
answer of your query is that It is never too late to start honoring your constitutional obligations for payment of tax. The department may ask you to file return of income for earlier years if it finds that you had taxable income in those years. otherwise not.
Thanks & Regards,
