17 August 2013
ABC ltd a private limited compnay is incor[proated in Feb 2012. there were no business activities in the last two years.
They have commenced the business activities in the current year after May 2013. IT returns are mandtory to be filed for the fiancial year ended March 2012 and March 2013?
17 August 2013
you may file the return for the 14 months now i.e. from feb. 2012 to 31st Mar. 2013. the first balance sheet of the company shall be for the period of 14 months.