What will happen? If I don't file an income tax return.

An Income tax return (ITR) is a form document which is important for business, individuals or entities use to report their income to the tax authorities of a particular country. it provides detail information about taxpayer’s income and show their all-monetary activity like credit, debit, sales, purchase, liabilities, investment, and other financial details. An income tax return (ITR) is a document that you file with the government. This return informs the government about your income, investments and the tax payable. this is most important process. It is a prescribed form through which the particulars of income earned by a person in a financial year and taxes paid on such income are communicated to the Income-tax Department.