Filing of form 23aca

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Srinivas Rao (Querist)
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11 January 2012 If company for the year under report has no operations and the project report is yet to be finalized.
Accordingly form 23ACA requires P&L a/c attachment.
we have not prepared P & L A/c for the year only prepared Balance Sheet it attaches to 23AC but what about P & L a/c

Srirang Mahabhagwat

Srirang Mahabhagwat (Expert)
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11 January 2012 Dear Sri,

You can prepare a Blank P&L A/c and then file it as an attachment.... You can also alternately file a Declaration by a Director that since no activity has taken place hence there is no P&L A/c.

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