20 May 2009
Can anyone tell me what will be the due date of audit i.e. presentation of audited books of accounts of a NEWELY FORMED COMPANY as per company law and as per Income tax law
The period to which the account aforesaid relates is referred to in this Act as a "financial year" and it may be less or more than a calendar year, but it shall not exceed fifteen months :
Provided that it may extend to eighteen months where special permission has been granted in that behalf by the Registrar.