HI ,
I havent yet filled the IT return for the AV Year 2009-2010.
I did not have any income , apart from a little interest on my savings bank account which was only around a few hundered rupees.
So is it required to file the return now.
If so , is it possible and are there any penalties.
Will it be an issue to skip this and continue with 2010-2011 return not maintaining continuity.
I would like to get things in order now.
Thanks for your support
Hi Aditya Parakh
It is better tat if u file return for 2009-10 also, even though u dont have any income. As ur Self employed u make take Bank loan for ur business. When u go for taking Bank Laon the Banker will ask for 3 Yrs IT Return. so it is better tat if u file NIL Return now.
Thanks
R Shriram
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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