Hello all,
Can we file a IT return of a firm even though the firm does not have any sales,purchases,opening stock or closing stock during the year? and calim the indirect expenses? kindly give your views.
udaya kumar (Partner) (78 Points)
18 March 2015Hello all,
Can we file a IT return of a firm even though the firm does not have any sales,purchases,opening stock or closing stock during the year? and calim the indirect expenses? kindly give your views.
monika ahuja
(Student CA Final )
(85 Points)
Replied 18 March 2015
You can file NIL return. You can not claim indirect Expenses.
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