23 December 2008
Company "A Pvt. Ltd." has been incorporated on 27.08.2007, there was no business in the company up to 31.03.2008. Is the company liable to file income tax return for the F Y 2007-08? If yes the last date was 30.09.2008, & the date already past, now we should file return in normal way or after payment of penalty? Is the company laible for Tax audit u/s 44AB?
23 December 2008
CO.TO FILE RETURN COMPULSARILY. TAX AUDIT U/S 44AB NOT APPLICABLE AS T/O OF SALES IS BELOW 40 LKHS HOW EVER STATUTORY AUDIT UNDER CO ACT IS COMPULSARY CHANDRAKANT AMBANI 9819408963 / 9821240674
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