Whether the Pvt Ltd Company can receive the Share application money by CASH

I have filed Form 1,32 and 18 to incorporate a company but MCA demands re submission citing following reasons:

"Please scan affidavit/declaration duly notarised from all subscribers/directors seprately,first at the time of incorporation subsequently whenever company changes its object , to the effect that company directors shall not accept deposits unless compliance with the applicable provisions of Companies Act. 1956,RBI Act 1934 and SEBI Act 1992 and rules /directions /regulations made there under are duly complied and filed with concerned authorities"

Please provide me the format for this declaration and other suggestions to resolve this query

Thanx in advance

COMPANIES ACT

if a company is incorporated in the month of march 2012, is it required to file the annual returns for the financial year 2011 -12.

can we use the concept of extension of financial year under the companies act.

INCOME TAX

is it required to file the return for the financial year 2011- 12?


regards,
subhashchandra.

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Sir

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