Mat

Dear Sir, My query wrt filing of form 29B in the following situation,

As per normal income tax provisons tax payable is  zero after setting off brought forward losses and as per 115JB calculation tax payable is also zero after setting off brought forward loss by applying the provsion that set off losses only to the extent of brougt forward for business loss or depreciation loss whichever is lower. Kindly advice whether form 29B needs to be filed in the above scenario. Please do the needful asap