https://www.taxtmi.com/forum/issue?id=3422 If a company is incorporated and has only preliminary expenses with no business commencement, ROC annual returns need not be filed for the initial period, but an income tax return must still be filed for the accounting period; income tax audit and Form 3CD obligations do not apply in the absence of business activity. en-us Tue, 20 Sep 2011 22:32:29 +0530 Thu, 23 Jan 2025 15:58:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3422 If a company is incorporated and has only preliminary expenses with no business commencement, ROC annual returns need not be filed for the initial period, but an income tax return must still be filed for the accounting period; income tax audit and Form 3CD obligations do not apply in the absence of business activity. Discussion-Forum Income Tax Tue, 20 Sep 2011 22:32:29 +0530 https://www.taxtmi.com/forum/issue?id=3422