Itr 6

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Ritu

Articled assistant

120 Points Joined January 2011

I am trying to fill ITr 6 for a corporate assessee but i am not able to see the no accounts case in balance sheet whereas it is applicable in profit and loss account. It is a startup business and hence forth do not maintain any accounts as the t/o is very less.

For Fy 2016-17 I am not able to file the return online the error is the due date has been passed in this case can someone guide me as to what would be the appropriate step.

Replies (3)

CA ABHAY GUPTA

Practice

3235 Points Joined August 2009

for a corporate assessee it is mandatory to file balance sheet so you hv to file ur balance sheet in ITR 6 secondly as due date for filing return for AY 2017-18 had already passed you can not file ur ROI unless u receive a notice to file ROI from AO

Ritu

Articled assistant

120 Points Joined January 2011

But in instructions of ITR 6 it is written that in case of non maintanance of accounts fill the no accounts case for balance sheet. And how can a start up company maintain its balance sheet as it has not done much business.

CA ABHAY GUPTA

Practice

3235 Points Joined August 2009

Under Companies Act

Every company has to maintain books of accounts, at the registered office or any office that board of directors may decide. If the company is maintaining books at an office other than the registered office, it has to intimate the same to RoC. The company can maintain the accounts electronically also.
So you have to prepare your books of account nd get audited by CA