Is maintaining of account compulsory?

ganesh (BUSINESSMAN) (23 Points)

21 March 2018  

I have constitued a partnership firm but  due to some dispute there is no business for the firm and as per IT Act the return for the Year 2015-16 & 2016-17 is to be filed. As there are no transaction in the Firm wether it is necessary to maintain books of accounts for filing Income Tax Return?

 

Thanking You.