Nil itr

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Pragya Rashmi (Querist)
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20 April 2016 Is there any penalty attracted if we donot file a nil return??Is it mandatory to even file a nil return with IT deptt??

Murtaza I Bhagat (Expert)
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20 April 2016 No it is not mandatory but it is advisable to file if there is any tds deduction or any bank deposit related entry.

CA R SEETHARAMAN (Expert)
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20 April 2016 It is not mandatory to file nil return under IT dept. No penalty will be attracted.

Pragya Rashmi (Querist)
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20 April 2016 thank u sir..

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