Audit of new incorporated company
This query is : Resolved
LAXMAN BHAGWAN KOSHTI
(Querist)
30 November 2012
The company was incorporated in Feb 2012 and had made only incorporation activities and some raw material purchase transactions however no revenue generated by the company.
Now whether we require to make audit report for the FY 2011-12 and file documents with ROC.
OR whether we can made financial statements for the period Feb 12 to March 13.
Kindly reply
Now whether we require to make audit report for the FY 2011-12 and file documents with ROC.
OR whether we can made financial statements for the period Feb 12 to March 13.
Kindly reply
CA.Sourabh Sethia
(Expert)
30 November 2012
audit is compulsorily required under the companies act
so you need to get the audit done.
so you need to get the audit done.
LAXMAN BHAGWAN KOSHTI
(Querist)
30 November 2012
Thanks for the reply..
However as the first agm can be held within 18 months cant we made the financial statements for the period from feb 12 to March 13 and the audit report for the same period can also be made.
Thanks
However as the first agm can be held within 18 months cant we made the financial statements for the period from feb 12 to March 13 and the audit report for the same period can also be made.
Thanks
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