It filing necessity for a private ltd org with no earnining

This query is : Resolved 

18 June 2015 Hi,

I have registered a private limited company in 2012. I have also received a TAN for the company name. However there is no bank account open for the company and there was no income. Do I still need to file the returns? If yes, is there an option to file it now? Any penalties? Thanks again!!

18 June 2015 yes. you are required to file the return as section 139 doesn't give any exemption for companies. open an account and file the return now.

18 June 2015 YOU HAVE TO FILE THE INCOME TAX RETURN U/S 139. ITS COMPULSORY FOR YOUR COMPANY.


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