Nil return filing for private companies

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While filing the "nil" Income Tax return for companies immediately a notice is being raised u/s 139 saying that it is a Defective return. How can we avoid it? The company is has not started its business and only preliminary expenses are there. Hence we are entering only the capital and cash as Rs.100000. Please give me a way so that raising of notice can be avoided.
Replies (5)

There must be some wrong details filled in the return or you have not filled all the required particulars. Check it. You need to rectify defective return within 15 days.

Dear Sir,

Thanks for your immediate reply but as I said it is nil return, there will be capital and cash of Rs 100000 and if I miss some required fields, it won't allow me to upload the return. Here, return is being uploaded and immediately with in 15 days the notice is being raised by the IT Dept. u/s 139(9).

 

With regards,

T Rajeev.

Then the notice must be stating the errors. If not, contact the tax department.

It is simply stating to enter the BS and/or PL need to be re entered likewise. While we are submitting the same X M L wtih noticeno. and date, it is accepting.

OK, it means you have already filed that again. Wait, whether it is accepted. Or ask your CA.


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