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Nil return

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 September 2011 SIR,

WHAT IS A NIL RETURN?

IS IT SHOWING INCOME rs. 0 OR SHOWING INCOME BELOW EXEMPTION LIMIT?

03 September 2011 SHOWING INCOME BELOW EXEMPTION LIMIT

03 September 2011 Nil return is Total income below exemption limit




03 September 2011 agreed with experts .

Nil return of income is acceptable even if there is no refund. Like any other returns, it too can be picked for scrutiny.



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