Is it possible under Income Tax Act 1961 to file return for the period exceeding 12 months especially in case of a newly incorporated Company (upto 15 months) ?
Example :- For a newly incorporated company we consider First Assessment for 15 Months for ROC Purpose. Is the Same possible for Income Tax Also ???
Briefly:- Can we consider the first Assessment Period of 15 months for a newly incorporated company for Income Tax Purpose ???