Filing of Return

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13 January 2011 A private company holding certificate of Incorporation for less than 6 months,

Filing of Income Tax & ROC return

Compulsory or not?


13 January 2011 It is good if the company files advance tax but not compulsory.
Regarding ROC return the company has ample time to file the return within 18 months from the date of incorporation as provided under provision of section 166 of Companies Act 1956.

13 January 2011 Third proviso to section 139(1) of the Income tax Act,1961 says, every company shall furnish on or before the due date (30th September) file its return of income in respect of its income or loss in every previous year.

13 January 2011 Agree with Warrier Sir.


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