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Nil tax return

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(Querist)
22 October 2014 Is there any benefit of filing a nil tax return
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
23 October 2014 none except that it maintains continuity in tax filing.
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Anand

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Anand (Expert)
23 October 2014 There is... u start building up ur assets..e.g.. u filled nil return with income of 2 lakhs
Second year also nil return of 2 lakhs in 3 rd year u had income of 6 lakhs still u showed income of 2 lakhs.. on scrutiny in ur balance sheet there will be total asset of 6 lakhs which will tally .. it will help in future when u shall have black money.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
16 December 2014 practically speaking not............
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