If you have not filed Income Tax Return (ITR) yet, then fill it soon or else you will not get a chance after 31st. Also, it can cause many problems for you. The last date for filing ITR for the assessment year 2021-22 by the government is 31 March.
Penalty for not being satisfied with the answer
Earlier, the last date for filing ITR for the relevant year was December 31, which was extended by the government by three months. The government had taken this decision keeping in view the convenience of the people. Tax experts say that in case of non-filing of ITR, the Income Tax Assessing Officer can send you a notice and ask for a reply. Also, if you are not satisfied with the answer, you can also impose a fine.
Reply to the notice with the help of a tax expert
Tax experts also say that refund is not available for non-filing of ITR. Tax advisors say that as far as possible, ITR should be filed in time. However, due to some personal problem, you could not do this and if you get the notice, then you should not panic. The notice should be answered with the help of a tax expert.
Now the notice and everything related to it is online and the officials do not ask you to meet them directly. If the tax assessing officer is satisfied with your answer, he can grant you relief from penalty along with allowing you to file ITR.
