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

This query is : Resolved 

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???


17 July 2022 Yes, for partnership firm it is mandatory to file return, may there be loss.



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