We have a small computer institute running from last two year, there was loss in first year & very low income in the second year (means income is much low 10,00,000/- pa), we provide computer training & placement. We had taken voluntary service tax no. before 2 year at the time of starting office. Please tell us should we start filling nil tax return or if we don’t file return there will be any penalty for that. We had not file any return yet. Also, should we mention service tax no on our invoice, where we are not charging any service tax? Please Suggest.
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CAclubindia
