13 February 2016
Is it compulsory for foreign company having branch office / Liason office in india to file income tax return in the year in which business is closed. For instance, business of company is closed on 27/07/2014 and certificate of closure is obtained from ROC is on 27/07/2014 then is it compulsory for the company to file Nil Income Tax Return for A.Y. 2015-16. Please resolve this issue as soon as possible.