AV 2009-2010 Below Taxable Income

HI , 

I havent yet filled the IT return for the AV Year 2009-2010.
I did not have any income , apart from a little interest on my savings bank account which was only around a few hundered rupees.

So is it required to file the return now.
If so , is it possible and are there any penalties.

Will it be an issue to skip this and continue with 2010-2011 return not maintaining continuity.
 

I would like to get things in order now.

Thanks for your support

Replies (1)

Hi Aditya Parakh

               It is better tat if u file return for 2009-10 also, even though u dont have any income. As ur Self employed u make take Bank loan for ur business. When u go for taking Bank Laon the Banker will ask for 3 Yrs IT Return. so it is better tat if u file NIL Return now.

Thanks

R Shriram

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details