Itr filling of inoperative company is pending since 2005 (in
This query is : Resolved
08 November 2014
Dear Sir,
The Company is inoperative (no activity), since incorporation and we need your help in following matter :
1. Should we file Income Tax Return (ITR) of Company, since it was pending from 2005 ?
2. Is it good to file all ITR since inception ?
3. What would be the penalty, etc. ?
Kindly suggest the way out, if possible.
Many many thanks,
Shital
The Company is inoperative (no activity), since incorporation and we need your help in following matter :
1. Should we file Income Tax Return (ITR) of Company, since it was pending from 2005 ?
2. Is it good to file all ITR since inception ?
3. What would be the penalty, etc. ?
Kindly suggest the way out, if possible.
Many many thanks,
Shital
08 November 2014
File ITR for last 2 years only.
For ROC, you need to file from inception.
For ROC, you need to file from inception.
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10 November 2014
The income Tax department will raise quiry pertaining to old ITR .... then what would be the reply...
Please guide..
Please guide..
10 November 2014
Many many thanks for your reply. Please guide, if the income Tax department will raise quiry pertaining to old ITR .... then what would be the reply...
Please suggest answer..........
Please suggest answer..........
10 November 2014
Since the company is inoperative since XXXX, the returns were not filed. (In alighter sense, whether you call TIGER or TIGER uncle, it is going to eat you for sure....then why to get scared?) File the returns.
Message likes :
1 times
10 November 2014
Appricaite your answer... becuse fact is a fact and we must have to accept the reality.
Many many thanks.
Many many thanks.
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