Filing of it return of a pvt ltd

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Querist : Anonymous

Querist : Anonymous (Querist)

01 December 2011 Can i File the Belated Income Tax Return of Private Limited Company???

Can I file, today, the Income Tax Return For A.Y. 2009-10 of a Pvt. Ltd. Company???

CS, Deepak Pratap Singh

CS, Deepak Pratap Singh (Expert)
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01 December 2011 The Income Tax Act, 1961 requires compulsory audit of the accounts of the Private Limited Companies and hence belated returns of Private Limited companies are allowed with a provision of fine i.e. @0.5% of the gross receipts or Rs. 100000/- whichever is more.You can file belated return with fine as referred above but not for A.Y. 2009-10.

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Querist : Anonymous

Querist : Anonymous (Querist)

01 December 2011 thank you sir for reply :)

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