Answer

1. F

   Facts

   Yes. Wilful failure to file a return is covered by Sec 479 of the Income-tax Act 2025 for tax year 2026-27 onwards. Defaults for FY 2025-26 and earlier are dealt with under Sec 276CC of the 1961 Act. Filing on time remains the simplest protection.

2. P

   Provisions and law

   • Sec 479, Income-tax Act 2025 (old Sec 276CC)Prosecution for wilful failure to file a return on time; jail of 3 months to 2 years, or 6 months to 7 years where tax evaded exceeds ₹25 lakh
3. A

   Analysis

   The mapping links old Sec 276CC to Sec 479 of the 2025 Act with medium confidence, so check the exact wording, including any small tax exception, when a notice arrives. Old years remain under the 1961 Act as the e-Filing FAQ on the new Act explains. Keep filing even when tax is nil or covered by TDS, because a return on record removes this risk. If a return is late, file it as soon as possible.

4. C

   Conclusion

   1. 1File every year's return by the due date.
   2. 2For any missed year, file belated or updated returns quickly.
   3. 3Check the section and Act on any notice.
   4. 4Keep acknowledgements safe.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.