A PARTNERSHIP FIRM WAS INCORPORATED LAST YEAR FOR PURCHASE AND SALE OF IMMOVABLE PROPERTY HAVING NO BANK ACCOUNTS.
SINCE, HAVING NO TRANSACTIONS IN THE PREVIOUS YEAR, THE FIRM HAS TO FILE NIL RETURN IN A.Y. 2018-19.
SO, WHETHER THE BANK ACCOUNT DEATIALS ARE COMPULSORY OR NOT FOR FILING THE RETURN??
COMPULSORY TO PUT ALTEAST ONE BANK ACCOUNT
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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