About IT Filing of a Company

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Is that mandatory that the AGM of an company should be over before filing its IT Returns with Income Tax

Replies (5)

NOT AT ALL,

 

In case the Company want extention of AGM, then IT return will be filed before and extended AGM shall be convened within 31st December.

But I think ITR cannot be filed before the AGM as final accounts are adopted by shareholders in the AGM.

Is it possible to file ITR without adopytion of final accounts.

Please correct me of i am wrong....

In my opinion, the ITR is not governed with provisions of Company Law, it is Income tax law matter. So the date of AGM or whether AGM is held or not, it does not effect the due date of filing ITR’s of a Company. Even if the AGM is not held in any financial year but accounts as on 31st march for that year is prepared then we can file ITR with in due time without considering the dates of AGM of the Company.

Regards.

Ms Neha is absolutely right.

Income Tax and Companies Act provisions are different. Under income tax balance sheet should be AUDITED so it is not necessary that it is adopted before filing of ITR.

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