if a newly formed private limited company has no income for the first year (or subsequent years), would it have a tax liability in the first (or subsequent) year/ ?
R Saxena (owner) 16 December 2016
if a newly formed private limited company has no income for the first year (or subsequent years), would it have a tax liability in the first (or subsequent) year/ ?
Adv. K.S.A.Narasimha Rao (legalquestadvisor@gmail.com ) 17 December 2016
Basing on your income, tax filing is required. whether you required to pay tax or not depends on ur tax returns.
Sankaranarayanan (Advocate) 27 December 2017
Without income then how the tax liability will have occurred? first, tell what you in that company? your questions look academic
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