A partnership firm having no business activity in AY 18-19 is required to file ITR?
If yes what are consequences if not filed upto 31 March 19?
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Nil return of partnership firm
Replies (3)
Dear Anupama,
Yes, you should file NIL itr otherwise query can be raise by IT Dept, just for clarify reason for Non Filing ITR...
Regards,
Naveen Singh
9716822331
Yes, you should file NIL itr otherwise query can be raise by IT Dept, just for clarify reason for Non Filing ITR...
Regards,
Naveen Singh
9716822331
Thankyou Naveen Sir.
other than individual and Huf evety other assessee is required to file IT Return whether or not he has income as there's no basic exemption applicable to such assesses. they have to pay tax even if they have nominal income
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