income tax filing

shankar (Querist) 28 August 2009 This query is : Resolved
If a private limited company is not filing returns for more 4 years what would be the consequence, pl answer

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A V Vishal (Expert) 28 August 2009
What will be consequence will be only felt after the taxmen hound after you. However, your query is silent on what is the company into and what is the annual turnover of the business without which your query cannot be answered or its rather difficult to give the correct reply of the consequences which may follow.

A. A. JOSE (Expert) 28 August 2009
Dear Mr.Shankar,

If you really want to see the consequences, kindly furnish complete and specific details of the Company and its Directors, so that I may help you to see the real consequences. It will be good service to the Nation also.

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