ITR / AOC-4, Other Topics

[Ashutosh Kumar Sinha Sinha]

We have started a Pvt Ltd Company wef 22-09-14 but till date no any transition in this company shall we comply all compliance FY 2014-15 or it is voluntary like ITR-6, AOC -4 , Section 44AA of Income tax Act etc..please guide us

Ashutosh

Posts / Replies

[MARIAPPAN GOVINDARAJAN]

If you are carrying professional activities then you have to maintain accounts under Section 44AA of the Income tax Act. Voluntary compliance is at the discretion of yours.