All respected Sirs
I just formed a new Inida pvt limited company on dated 7th March, 2013. Regarding that I have some query.
1. is it complessory to me to go for auditing for this company in the current financial year.
2. in this company we want to start selling International sim card to the indian who want to go outside the india, so my question is what are the other formalities i need to done before to selling the sim cards.
Thanks in advance.
With regards
Deepak Sharma
Sec 2(17) describes financial year as the period in respect of which any profit and loss account of the body corporate laid before it in annual general meeting is made up, whether that period is a year or not.
And as per First Proviso to Sec 166,
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