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IT Return of a society

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(Querist)
17 November 2010 Dear Sir,
Is it mandetory to file ITR on the part of a society who doesnot have any profit & income during the ass. year(s).? In case it is mandetory , and the sociey has not filed ITR for 6-7 years what is the penaly & what are the remedies?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
17 November 2010 Return filing is not mandatory if the total income is below the threshold limit. Pl see section 139(1)(b).
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