Retun filing of company

This query is : Resolved 

23 September 2011 Dear sir,

we incorporate company in 10/12/2010 but their is no transaction still today. so,company return filing is mandatory u/s 139(1) of income tax act ,1956.

please reply,

form ,
paragbhai ghoshalkar

23 September 2011 Yes, there is no exemption for corporate assessee from filing of ITR. You should file NIL Return.



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