1st Return

ITR 697 views 4 replies

CAN PERIOD OF 1st ITR OF COMPANY CAN BE 15 MONTHS????

IT'S URGENT

Replies (4)

ITR is filed according to previous year/assessment year as mandated by the income tax act. This year starts with 1st April and ends on 31st march of next year. The assessment is made on the basis of this year only,no other time period is acceptable. You will have file your return for 12 months and three months separately or as the case may be..

nice question...

i think, yes you can..but for that company's AGM should be late by three month and approval should be taken by appropriate authority or CLB...

ask this question throough EXPERT query....

I dont think so you can, coz if this was possible then the concept of PY and AY would have no revelevance......

Other views solicited

ITR should me filed with Financial period.as per incometax department. you have to file 2 different ITR of particular F.Y/A.Y.


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