20 June 2011
Can a private limited company, liable for tax audit, file return of income based on unaudited accounts where it's accounts for AY 2010-11 and 2011-12 are not audited under the Companies Act & Income Tax Act.?
If yes, than what will be the position if after filing ITR it is found out that returned profit / loss is different than audited account?
Can a company file it's return for AY 2011-12 when ITR for AY 2010-11 still not filed?
CAclubindia
