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section 220

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(Querist)
21 February 2011 dear expert

does filing of profit and loss account mandatory, in case of private company, at the time of filing of annaul return & balance sheet to roc.
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Jayashree S Iyer

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Jayashree S Iyer (Expert)
22 February 2011 As per Section 220(1)(1), it is mandatory to file the balance sheet and the profit and loss account of the private company. Only benefit avaialable to the private company as per proviso to the above referred section is that the copy of the balance sheet and copy of the profit and loss account shall be filed with the Registrar separately.
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CS Taher

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CS Taher (Expert)
22 February 2011 Agree With Jayashree Madam
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