23 May 2017
hello experts, i register a firm with my brother on 18/4/2015 and till date, i have not done any operations in the firm, my CA sir told me to file income tax return. i want to know whether i have to file income tax return of a firm
2. if i have not done any operations this year too, whether my firm registration no ceased?
23 May 2017
It is mandatory for a partnership firm to file it's IT return within the due date as per Section 139 (1). Due date for filing the return is 30th September 2017. Whether any operation have taken place or not is irrelevant.