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Fte

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 July 2015 Can a company who has not filed any annual returns and balance sheet since incorporation apply for FTE u/s 560???
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Pratik Shah

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Pratik Shah (Expert)
10 July 2015 Yes..that can be possible...
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Querist : Anonymous

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Querist : Anonymous (Querist)
10 July 2015 can you explain in detail??
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Pratik Shah

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Pratik Shah (Expert)
10 July 2015 Even if a company has not filed annual returns and balance sheet for any years, the ROC allows an application under FTE. If you read FTE circular, there are no restrictions regarding non-filing of balancesheet.
I have filed applications for companies who did not file balacesheet for few years.
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Querist : Anonymous

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Querist : Anonymous (Querist)
11 July 2015 but in have not filed annual returns too.
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CA Sreenivasa Rao Munaga

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CA Sreenivasa Rao Munaga (Expert)
11 July 2015 yes, even though the company have not filed any annual returns, then can go for FTE scheme.
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Pratik Shah

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Pratik Shah (Expert)
14 July 2015 True. They never ask for pending filings.
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