17 March 2009
One Public Co. incorporated on 13.03.2008 is wishing to compile its first annual accounts as on 31.03.2009 and not 31.03.2008 which is permissible under Companies Act. But I want to know whether it is liable to file Return of Income for AY 08-09 or not ? and also whether it is required to be audited because it is not falling under Sec 44AB ?
CAclubindia
