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Nil return for partnership firm

Sunil agarwal (Partnership) (33 Points)

23 October 2021  

Hi my partnership firm shut down in November 2019, I have filed my itr for FY 2019-2020. I have given application for surrender of my firm pan card in January 2021. I have also submitted my original pan to the department but have not heard back from them. Please let me know if I need to FILE NIL ITR FOR FY 2020-2021


 6 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (108655 Points)
Replied 23 October 2021

If PAN is still active, file ITR with financial statements till December 2020..

Sourav (Student) (23912 Points)
Replied 23 October 2021

You should file nil return

Sunil agarwal (Partnership) (33 Points)
Replied 23 October 2021

Sir, there were absolutely no financial transactions during the year, is it possible to file return with everything zero, my ca tells me it will be a defective return

Sivaramaraju G (Learner) (2350 Points)
Replied 23 October 2021

You can file nil return there will be no problem. i have seen 0 income returns.
1 Like

Sunil agarwal (Partnership) (33 Points)
Replied 23 October 2021

Many thanks for your help

Sourav (Student) (23912 Points)
Replied 24 October 2021

Your welcome

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