Audit of company formed on 30th sept 2015
Querist : Anonymous
A pvt limited company formed on 30th Sept 15 and has a turnover of above 1 Cr for the period ending March 31st 2015 and is eligible for tax audit.
My query is since it is a new company will the company has more time period that the 17th Oct 2016 (extended tax audit date) to complete it audit process
The date for tax audit is extended to 17/10/2016 for the Assessment Year 2016-17
Querist : Anonymous
The company since it is new can the audit of this company be conducted later than 17th Oct 16 ?
yes....... for companies act
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