Poonawalla fincorps
Poonawalla fincorps

234-F ON BELOW TAXABLE INCOME

This query is : Resolved 

03 January 2022 Respected Sir,

It is a partnership firm having no transactions such as bank sale purchase and expenses etc etc and every year we file NIL return by showing NIL P&L and few balance of nominal amounts in balance sheet. Whether it will attract 234-F if now we file the same return for the ay 21-22.

What is the procedure for surrendering PAN CARD for the purpose of closure of the firm on income tax portal.

PLEASE GUIDE ME AND OBLIGE.





03 January 2022 Yes, Rs. 1000/- would be payable u/s. 234F of IT act.



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