"In the present case, the accused received the notice, but no explanation was given despite repeatedly serving the notices," additional chief metropolitan magistrate R S Sarkale told TOI. He further said that the explanation given by the director was "not at all acceptable."
The maximum sentence over failure to file I-T returns is two years imprisonment. However, since Ms Shah Time and Jewels did not have a poor history in filing returns, Shah was given a minimum jail-term of three months.
Filing Income Tax returns
It is mandatory for all registered taxpayers to file income tax returns
every year, except for those who are over 80 years of age and do not have any source of income from a business or profession.
For the year assessment year 2019-20, the last date of filing returns is July 31. You can pay it online as well uploading your Form 16.
The revenue department earlier this month asked officials to check for mismatch in turnover towards services between income tax returns
and service tax returns by businesses during 2015-16 and 2016-17.