Firm's Return


This query is : Resolved 

(Querist)
20 April 2010 I have one client which is a partnership firm which has no income at all hence it has not filed a return for 4 years. So whether it is compulsory to file a return of income in a year for which there is no taxable income?

Thanks


Manoj (Expert)
20 April 2010 It is mandatory to file income Tax return even if there are losses.

20 April 2010 mandatory to file income Tax return for partnership firms


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