dear experts. how to file nill return for firm. no turnover and no transaction for the year 21-22. possible to file return?
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Quick Summary
This discussion addresses how to file a nil return for a firm when there has been no turnover or transactions during the financial year 21-22. It clarifies that for firms (including LLPs) and companies, filing a return is mandatory under section 139(1), regardless of income or transactions.