Not filing your Income Tax Return (ITR) before the deadline might seem harmless especially when you have less or no tax to pay. But that doesn’t mean you can forget to file.<\/p>\n\n\n\n
If you are required to file an ITR<\/strong> and you do not, then you may be charged a late filing fee, interest on unpaid tax, loss of certain benefits<\/strong> and even an income tax notice<\/strong>. The department also reminds taxpayers that there are times when filing an ITR is still mandatory even when there is zero tax payable.<\/p>\n\n\n\n So what if you don\u2019t file an ITR?<\/strong> Important consequences and what you can do if you miss the deadline.<\/p>\n\n\n\n