Income tax

This query is : Resolved 

26 December 2012 Dear Sirs & Friends,

Do i have to pay any penalty if i start transactions in a Pvt. Ltd. company which was incorporated in Sept-2009. Since then there was no transactions made through this entity, this is the first time, my question is am i supposed to file any NIL return or am i supposed to pay any penalty to the ROC for not fulfilling previous year obligations Please suggest and help me to clear my doubts.

Best Regards,
Yajuvendra Rawat

28 December 2012 firstly see whether your name is active in mca portal or not. if yes, file annual return and balance sheet.


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