61a

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 May 2017 Is it mandatory to file Form 61A if there is no receipt of cash payment exceeding Rs. 2 lakh (per transaction) for sale of goods or services of any nature in the Financial Year 2016-17.


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Expert : Anonymous

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Expert : Anonymous (Expert)
25 May 2017 It is advisable to file nil return even if there is no transaction as no clear notification ia there regarding compulsion of Form 61A.

26 May 2017 In my opinion it is not required as there is no requirement specified to file even nil return of form 61A. Moreover it has to be filed only in cases where it is applicable.




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