Itr

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 November 2015 sir,

a public limited chitty company commencement of business is on 7/04/2015.

whether it has to file incometax return for AY2015-16

If so what forms like 3Cd,3cb etc has to be filed with itr 6

is it necessary to submit auditors report

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
Follow

17 November 2015 In case company has been incorporated on or after 1st October of financial year, then Company can close its first financial year either on the coming or next 31st March i.e. Company files its first financial year details for 18 months.

But in your case it is not cleared Incorporation Date ? If it is after April you have to file Next year , If your incorporation after Ovtober Prvious year you can OPTION TO FILE IN 18 MONTHS

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

17 November 2015 Yes, income tax return has to be filed for assessment year 2015-16 though business commenced thereafter.

Form 3CA and 3CD is not required.

Upgrade to CAclubindia Pro. Subscribe Now!