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Overlapping case and deduction of the insurance exp

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 July 2013 Insurance
When there is problem of overlapping of the period of the policy and if further any claim is wise, which policy will the enforceable and who will going to pay? What can be do the best solution for the recovering the amount?
How to claim the expenditure in income tax?
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(Querist)
17 July 2013 A private limited company is incorporated on 27th February, 2013.There was no transaction from 27th Feb, 2013 2013 to 31st March, 2013.Bank account was opened in April 2013.
Is it necessary for Company to file Income tax return for Financial year 2012-2013(AY 2013-14).
Or it can file return for 27th Feb 2013 to 31st March, 2014 in AY 2014-15.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 July 2013 It is compulsory to file the return under income tax for corporate assessees
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