IT and ROC returns of a private limited company incorporated on 15.03.19

[gvenugopal g]

Sirs,

A private limited company incorporated on 15th March 2019, kindly advice whether filing of Income tax and ROC returns are necessary for the FY 2018-19?

[DR.MARIAPPAN GOVINDARAJAN]

If the company earns income during the 15 days , in my view, income tax return is to be filed.

AI Summary

Income tax filing required if a newly incorporated private company earns income during initial period; ROC filing not specified. If a private limited company incorporated mid financial year derives taxable income in the period following incorporation, an income tax return should be filed for that financial year; the supplied reply does not address Registrar/ROC filing obligations for that period.