can i file NIL RETURN of partenrship firm for A.Y. 07-08 before 31.03.2009 ?Any penalty should be levied by it department ?
2 Replies
CA Sakshi
(CA Practice)
(309 Points)
Replied 08 March 2009
No penalty apply if its NIL return of firm.
CA CS VINAYAK PATIL
(CHARTERED ACCOUNTANT)
(921 Points)
Replied 09 March 2009
yes you will file partnership return. but there is any fbt then definately department charge penalty.
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