if we have made transaction in c/a of businesses but not made any supply to party, but i want to file nil return, can i file ?
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Quick Summary
If you've received payments for business transactions but haven't actually made any supplies, you generally cannot file a nil return. A nil return is specifically for periods where there was no taxable turnover and no payments received. If money has come in, even without a completed supply, you'll need to declare this accordingly.