Income tax filing

the company was formed on 3rd march 2008, so am i required to prepare accounts from 3rd march 2008 to 31-03-2008 or i can do away by preparing it from 3rd march 2008 to 31st march 2009?

No transaction was carried during 3rd march 2008 to 31-03-2008 so can i have my accounts prepared from 3rd march 2008 to 31st march 2009 and get it audited.

will i have to pay any penalty for default?

Replies (1)

yes u have to prepare accounts for 31.03.2008

whether there was income or not.......

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