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Filling of Income txa return

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 May 2011 I have registered a company in january 2011. Till March 2011 no transactions have taken place. neither trading nor other. Bank account is opened in apr'11. I have incurred only preliminiry expenses towards registration. So i want to ask that should i file income tax return for the year ended 31.03.2011. Whether non filling will effect in any form???
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CA PRIKSHIT GUPTA

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CA PRIKSHIT GUPTA (Expert)
04 May 2011 Filing of Income TAx Return for companies is compulsary. Even if you have not started any business. You have to file a NIL return.
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