Partnership firm having no transaction and no bank account
This query is : Resolved
01 August 2022
Urgent
partnership firm incorporated in march ending 2022
bank account opened in may 2022
there were no transactions in F.Y. 2021-22
do i need to file nil return?
partnership firm incorporated in march ending 2022
bank account opened in may 2022
there were no transactions in F.Y. 2021-22
do i need to file nil return?
01 August 2022
When was PAN obtained?
01 August 2022
Pan obtained in March 2022
01 August 2022
In that case, no excuse; nil return needs to be filed.
01 August 2022
But sir without bank account how can I file?
01 August 2022
You may declare bank account no,. which is obtained in May; with nil balance.
Message likes :
1 times
01 August 2022
Will late fees be applicable?
01 August 2022
As there was no income, no late fee applicable. Even loss, if any cannot be carry forwarded.
01 August 2022
Thank you very much sir
Message likes :
1 times
01 August 2022
You are welcome...
.... Good Luck ...
.... Good Luck ...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- FORM 26A APPLICABILITY
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Transporter Declaration form
- E-Invoice applicability for new Startup
- Filing of MSME 1 form by companies
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
