16 March 2010
Our company has not filed Balance sheet for continous period of 5 years. Now we want to voluntarily file a petition with CLB for condonation of delay u/s 621 .
Do we have to file petition for all 5 yrs separately or 1 petition for all 5 yrs would be enough?
16 March 2010
I do not htink there is need to file petition to CLB as when now you will file Returns of all this 5 years you have to pay additional fee for the delay in filing.
SO no need to go for compunding or for filing petition
CAclubindia
