Penalties for tax evasion and fraud If you have not filed a tax return, you could be charged with a summary offence under the Income Tax Act. If you are found guilty, the penalties can include substantial fines and a prison sentence. Therefore, a conviction for tax evasion will result in a criminal record.

What is the start date for filing ITR for AY 2021-22?

The due date for filing the returns which would normally be July 31, 2021 has been extended to September 30, 2021 due to the COVID-19 pandemic. The return pertains to the financial year 2020-21 and assessment year 2021-22. Here is all that you need to know.

When do you need to file a tax return?

Obligation to File Tax Check if you need to file an Income Tax Return You must file an Income Tax Return if you have received a letter, form or an SMS from IRAS informing you to do so. It does not matter how much you earned in the previous year or whether your employer is participating in the Auto-Inclusion Scheme (AIS) for Employment Income.

Do you have to file a tax return if you have no income?

The minimum income levels for the various filing statuses are listed in the table below. If you earned below the minimum income for your filing status, you may not be required to file a Federal Tax Return. However, there are reasons why you may still want to file. Learn more about selecting a filing status.

Where do I go to file my income tax return?

Income Tax Department also has a Help Desk and in case of queries on e-filing of return, the taxpayer can contact 1800 4250 0025. What Documents You Must Have Ready to File A E-Tax Return :

Do you have to file your taxes on efile.com?

The eFile.com tax app would automatically apply the Earned Income Tax Credit – EITC – (for all eligible ages between 25 and 65, and regardless of age, if you have one or more qualified dependents or children) and a tax return would result in a tax refund of $332 as anybody born before 1995 is eligible for the EITC at certain income levels.