Plz confirm

Dear Ayesha,

1. efiling is anytime better than manual filing.

2. yes

3. No As far as income tax goes, evey person including companies have to follow the rates of depreciation given under the income tax act, 1961

4. i suppose you are talking about income tax return. the last day is 31 july for those to whom tax audit does not apply. and 30 sept for all others

- Ankit

no  in point 4 i m talking about roc return that means registrar of companies.

in point 3 then for what purpose is dep rate as per companies act used in taxation

Annual Return Within 60 days of AGM

Balance Sheet and P&L Within 30 days of AGM

the Companies Act rates are used for maitianing the books of accounts and presentation of accounts at agm etc.

as far as income tax goes, the rates given udner IT Act are to be followed

1) Efiling is better always for quick processing

2) Yes ( But weather Tax Should applicable to those companies )

3) For Companies Accounting should be made as per companies act ( For tax liability as per income tax act 1961.) the timing difference will booked as deffered tax assest/liability)

4) For 30th september 30days from the date of filing