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No turnover of pvt ltd company

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(Querist)
08 May 2019 Is there any problem if the company is not having sales during the whole financial year.
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Devershi Gupta

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Devershi Gupta (Expert)
10 December 2019 There is no problem if a Company does not have turnover in a Financial Year. But all the compliances such as filing of forms and ITR, conducting AGM or Getting your accounts audited shall be done.
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