2007-01-26 05:46:07 · 13 answers · asked by Anonymous in Education & Reference ➔ Words & Wordplay
I believe it is a report where you confirm have nothing to report in any particular sphere of activity. Clergy have to report on a quarterly basis to their local registrars office as to the number of marriages that have taken place in their churches. If there have been no weddings they complete a "nil return" form confirming there were no weddings that quarter and affirming the date and number of the last recorded wedding in their books. Clearly though other organisations will use a similar procedure.
2007-01-26 05:53:36 · answer #1 · answered by stgoodric 3 · 0⤊ 0⤋
It's where you have to make a report, or return, probably on a regular basis, say monthly, showing particular information like, for example number of sales or how many staff are sick. If there is nothing to report then you could send a return showing nothing or 'Nil'. This is therefore a 'Nil Return' and tells the recipient that there is nothing to report. If the report was not sent the recipient wouldn't know whether it was 'Nil' or had been lost or mislaid hence the importance of sending 'Nil' returns.
2007-01-26 05:59:53 · answer #2 · answered by quatt47 7 · 0⤊ 0⤋
Depends on the context.
If you're talking profits, a particular venture could result in a Nil Return - i.e. no profit made.
If you're talking forms, you have to make the return even if it applies to nil totals - a Nil Return. You're confirming that the amount owed/payable is Nil.
2007-01-26 05:56:41 · answer #3 · answered by RM 6 · 0⤊ 0⤋
If I hadn't written anything here you would have seen an excellent example of a Nil Return
2007-01-26 06:37:52 · answer #4 · answered by gaviscon 4 · 0⤊ 1⤋
You often see 'nil returns required' in communications between
Head Offices and associated peripheral units.
Requests for information etc. are sent out from H.O.'s which require
report-back even if there's nothing to report.
2007-01-26 06:16:03 · answer #5 · answered by BB 7 · 2⤊ 0⤋
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Yes you can file it even after the due date is over , and in case you think it is nil but the income tax dept thinks otherwise then you will have to pay it later along with the penalties etc.But if you are not in that salary category of 1,50000 then it's ok .
2016-04-09 21:52:15 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Zero return.
2007-01-26 06:55:01 · answer #7 · answered by HelloHello 3 · 0⤊ 0⤋
Nil is NOTHING
2007-01-26 06:04:16 · answer #8 · answered by Anonymous · 1⤊ 1⤋
A bad investment.
2007-01-26 07:13:07 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Ziltch, nothing, a big fat Zero
2007-01-26 05:50:50 · answer #10 · answered by Alicat 6 · 1⤊ 1⤋