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Filling of nill return

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(Querist)
27 January 2014 A Company has been formed in2011 and it has not performing its functions and it has no turnover and has prepared its profit and loss a/c and balancesheet.

should it file returns? if yes
.
what form should it file?

what is the penality if it has not filed yet?
please reply
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AVTAR SINGH

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AVTAR SINGH (Expert)
28 January 2014 In case of co. file ITR6.
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