Commencement of business and commercial activities carried on by any company registred are liable to pay Tax.
At the time of incorporation of the Company the Documents accompanying with the Declarations and Memorandum of Association of the company.
In the Certificate of incorporation issued by the Registration Authority will state the effective date of incorporation, commencement of business,date of renewal and date of validity of the Incorporation certificate will give the existence of a company.
Some of the businesses are exempted from Tax.
Inform to the income tax department about the applicability of income tax rules for a Registered company which does not have commercial operations as on to the date and follow the instructions and comply.
With kind regards,
High Court Advocate,