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Can you get jailed for not filing your I-T Returns? Here’s what can happen if you don't file your ITR

Filing your ITR is mandatory unless your income is below the threshold limit of 2.5 lakh for FY23-24. Failing to file your ITR by the stipulated time can lead to not-so-pleasant consequences like Penal Interest, Late Fees & Even Imprisonment. Watch this video to find out who all need to file for ITR and what are the repercussions in case you don't.

first published: Jun 21, 2024 03:52 pm

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