https://www.taxtmi.com/article/detailed?id=12234 Non-filing of the income tax return may attract criminal prosecution where there is a willful failure to furnish returns and an associated tax evasion risk. Authorities must establish willfulness; taxpayers may rebut prosecution by showing reasonable cause, bona fide error, or by making a voluntary and complete disclosure before assessment notices. Failure to file after service of an assessment notice increases the prospect of prosecution, and case law upholds prosecutorial action where filing is not made within the statutory period following notice. en-us Fri, 19 Jan 2024 10:23:31 +0530 Fri, 19 Jan 2024 10:23:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12234 Non-filing of the income tax return may attract criminal prosecution where there is a willful failure to furnish returns and an associated tax evasion risk. Authorities must establish willfulness; taxpayers may rebut prosecution by showing reasonable cause, bona fide error, or by making a voluntary and complete disclosure before assessment notices. Failure to file after service of an assessment notice increases the prospect of prosecution, and case law upholds prosecutorial action where filing is not made within the statutory period following notice. Articles Income Tax Fri, 19 Jan 2024 10:23:31 +0530 https://www.taxtmi.com/article/detailed?id=12234