ITR

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 June 2011 Can a private limited company, liable for tax audit, file return of income based on unaudited accounts where it's accounts for AY 2010-11 and 2011-12 are not audited under the Companies Act & Income Tax Act.?

If yes, than what will be the position if after filing ITR it is found out that returned profit / loss is different than audited account?

Can a company file it's return for AY 2011-12 when ITR for AY 2010-11 still not filed?

20 June 2011 Since it is liable to tax audit without completing the audit you cannot file the return.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries