It returns for previous years

Dear All,

I have started a proprietary firm on 10.05.2015.

Can i file IT returns for the FY2014-15 even though my firm was not in existence then? I want to do it so that I can have IT returns for 2 years.

Pls advise.

Thanks

 

 

Replies (1)

for an individual it doesn't matter when you started what.  however, it would be still be advisable that you dont show business income when none was in existence...so file ITR1 for the earlier year.

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