Properietary firm Bussion income Zero in FY
This query is : Resolved
18 August 2021
I am a proprietor of a proprietary firm which i started newly in feb 2021. I do not carryout any business in FY 20-201 ( i.e. Zero turnover ) and there is zero income. I have GST registration for this firm which is reflected as Zero turnover in my Form 26AS. I have rental income from two house properties
Please advise which ITR form should i fill ITR2 or ITR 3.
Please advise which ITR form should i fill ITR2 or ITR 3.
18 August 2021
File ITR 2 as you don't carry out any business.
19 August 2021
Thanks sir, it means if there is no business income despite of holding proprietary firm with gst registration. I can file ITR 2 . Is it right understanding?.please advise
Regards
Regards
19 August 2021
Yes, you are right..........
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