22 December 2008
Sir, Please reply on this case: "One company registered in 30-03-1998 for general trading, hire and purchase purpose. It has no activity till date (say 2008). Till date it has not filing even single return. Till Date Company status is “Active”. Now directors want to start activity with this company with changing the memorandum and article of association(For Medicine Manufacturing). What will be it penalty for non filing of Income tax return, ROC return?”
CAclubindia
