Dear All,
I need help from your side for the following case.
1. A Foundation company was opened in October 2016, but till date there has not been any transactions in the books.
2. Audit report and Annual report has also not been prepared till date.
What I can do on above case.
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Foundation company.
Replies (5)
Earlier year returns as it is cannot be filed but return for FY 2017-18 can be filed still be filed by 31.03.2019 so prepare books of accounts from the date of formation till date and file return accordingly.
We don't have any transactions till date, also we have not appointed Auditor. Only company name is registered in MCA portal. We have not yet applied of PAN card, also do n't have bank account also.
Yes, so you still have to follow legal compliance and file Nil ITR
Please help me to know, that how can I resolve this?
Ping at ruchasom @ gmail.com
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