if A private company (which is not in any operate business, no income only expenses in the year ) not file the return F.Y. 2009-2010 so far .
what is the consiquence of not file the return
can it possible to file the return F.Y. 2009-2010 in april month 2011
Yes its possible with penalty of Rs.5000/- U/s 271F.
but company could not carry forward loss.... in ITR.
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