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REGARDING APPLICABILITY OF INCOME TAX RETURN FOR BUSINESS WHICH IS NOT YET STARTED

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(Querist)
17 July 2022 ABC is a partnership firm. ABC has no sales during the assessment year 2022-23 as it's business is not yet started. But the firm has purchase during the year.

whether the firm ABC is laible to income tax return???
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
17 July 2022 Yes, for partnership firm it is mandatory to file return, may there be loss.

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