First auditor - pvt. co.

502 views 3 replies

Hi.

One of my friends has opened a Pvt. Ltd. Co. in Mar. 12.

However, no transactions have taken place in it since then.

Please tell me what RoC Compliances I am required to do for getting my audit done and to file with RoC.

Also whether 23B filing for auditor is compulsory for auditor?

Can i prepare a BS for 13 months from March 12 to March 13.

 

- Swapnil.

Replies (3)
1- Section 210 provides that normally a financial year can consist of not more than 15 months. However, with the permission of the Registrar it can be extended upto 18 months. So you Can prepare a BS for 13 months from March 12 to March 13. 2- You will require to hold 4 board meetings, Annual General Meeting, Prepare Financials and File e-forms 20B, 23AC and 23ACA thereafter. 3. You have to issue share certificates, get the registered office registered under shop and establishment and file NIL Tax return. 4- As an auditor 23B is required to be filed by the Auditor Other Experts views are solicited

yes, u can prepare the BS for 13 months....

filing of 23B  indicates the appointment of an auditor for the audit of the concerned company....therefore, its filing is mandatory.....

.........other compliances as already mentioned by Jeets ji....

Regards

Hi

 

First of all you called a first Board Meeting with in 30 days from the date of Incorporation of the company and decide the first financial year and subsequient financial year. If in first board meeting you have decided that it will be prepared for 13 months then it is ok. Maximum, you can made balance sheet for 15 months.

 

In Board Meeting, you will also appoint first auditor. and filed Form-23B with ROC by auditor.

 

If you have not appointed auditor in first board meeting, then you can appoint in general meeting anf submit Form-23B with ROC.

 

Filing of Form-23B is mandatory.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details