Audit of company formed on 30th sept 2015


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 September 2016 With respect to the above my query is as follows : -

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


20 September 2016 31 March 2015??????? or you mean to say 31 March 2016?????
The date for tax audit is extended to 17/10/2016 for the Assessment Year 2016-17

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 September 2016 Yes it is 31st March 2016. Yes date of audit is extended 17th Oct 2016 , but my query is since the company is new can the books be closed at later date than 31st March 2016 .

The company since it is new can the audit of this company be conducted later than 17th Oct 16 ?




20 September 2016 No... .....for income tax
yes....... for companies act


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details