Court Rules Company Can't Use Inexperience as Excuse for Not Filing Tax Returns; Obligations Must Be Met.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Estimation of Income – If he knew that the accounts need to be audited by an auditor, definitely, the Company was also aware of the fact that they were expected to file returns - Therefore, inexperience or ignorance cannot be a ground not to file returns. - HC....