Income tax return of new company

A private limited company was incorporated on 27th February,2013.For the Financial Year 2012-2013, it had no transaction except Director's Initial subscripttion to Share capital of the company.Bank account was opened in April 2013. 

 
Will the company require to file ITR for FY 2012-2013(AY 2013-2014)? Will it file NIL return? 
 
Will it require to follow ROC compliances for 2012-2013?
 
Or can both these compliances can be done in Next FY?
Replies (4)
Hello Rahul, No transaction should not affect ROC compliance. Company will have to follow ROC compliance.

You will have to file nil return, and also annual return with ROC.

Agree with Expert.

 

There may not be a single transaction of income expenditure but you need to file IT Return and disclose the other related information in that like share capital director and all that.

 

Yes you need to file NIL return otherwise penalty may occur...

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
Featured 02 August 2026
Accounts Executive

Aashok F&C Advisory

Guwahati

CA

View Details
Company
29 July 2026
ACCOUNTANT

ONESTEP GST SOLUTION

New Delhi

B.Com

View Details
Follow