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first year of accounts

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 August 2010 Should a private limited company incorporated on 30th of March 2009 and started its operation only from May 2009 file a return of income for the Asst year 2009-10?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
23 August 2010 If no transaction are there in the two days then no need to file return for A. Y. 2009 - 10. Reason - No operations during the period.

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