A Pvt. Ltd. Company was incorporated on 13.01.2010. No transaction other than share application (in cash) took place on or before 31.03.2010. Even the bank account was opened on 16.04.2010.
Under such a case, is the company liable to file Income Tax Return & ROC Return ?
24 September 2010
Yes. The company is required to file returns. As the pvt ltd company is entitled to commence its business from the date of incorporation, which in your case is 13.01.2010